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A great assessment highlighting Moody’s observations on the effects of credit risk and cybersecurity. The finance sector is waking up to the effect of cyber attacks on credit risk. All statistics we read recently seem to be going against the management of cybersecurity. Attack frequency, complexity and severity are on the rise, U.S ransomware rose 18% in 2023.“The administration will likely roll back cybersecurity mandates and potentially curtail the activities of the U.S. Cybersecurity and Infrastructure Security Agency,†Moody’s said. “This could expose issuers to a heightened risk of cyberattack.â€ÂAre we saying that cyber regulation and the role of cyber oversight through CISA is supporting organisations improve cyber risk and reduce exposure?@Thaddeus Dziekanowski Brian D. McCarthy Faisal KhanVeritas GRC#cybersecurity #cyberriskmanagement #cyberregulation
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