A good Sunday read. Credit rating agencies such as Moody’s have the finger on the pulse of public and private sector capital and debt globally.

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A good Sunday read. Credit rating agencies such as Moody’s have the finger on the pulse of public and private sector capital and debt globally. What happens when the coat of capital increases, as ratings drop?

With ‘twenty-three sectors with about $22 trillion — or 28% of the $80 trillion in collective Moody’s rated debt associated with 71 global sectors — have High or Very High cyber risk exposure, the rest are moderate or low.’ (28% is significant)

“As cyberattacks continue to proliferate and their credit effects increase, our best way of understanding how issuers manage these risks is to ask them

Credit risk is a concern for regulators and markets, cyber attacks increase credit risk and degrade credit scores. Going forward cyber regulation increases board legal and compliance risk and the decisions insurers make on cyber and D&O insurance, will likely compound credit and legal risk.

With a global view credit rating agencies play an important role in the evaluation of credit worthiness and debt. They are watching the developments in cyber risk mitigation and regulation.

Ted Dziekanowski Brian D. McCarthy Bob Dix Rachel V. Rose, JD, MBA

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