This is why organisations should be concerned about cybersecurity. Global regulators are focusing in on cybersecurity risk management across market sectors, including financial services. Along with credit rating agencies, agencies that play a primary role in deciding the credit ratings…
Moody’s is laying the ground for cybersecurity risk evaluation of corporate credit and debt. Evaluating $22 trillion of global debt rating cyber risk exposure, with electric, gas and water utilities, as well as hospitals, among the sectors facing the highest…
S&P have priced in the impact of the Optus cyber attack. Credit spreads rose from 1.5 to 1.72 on 2028 Australian dollar bonds. Indicating that the risk of remediation, the impact of cyber legislation and costs of addressing the longer…
