GAO's call for improved oversight of electric grid cybersecurity is credit positive for power companies
14 Oct 2019|Moody's Investors Service
The Government Accountability Office’s recommendation that the federal government strengthen cybersecurity standards for the US electric grid is credit positive for power companies because it would help improve the grid's ability to withstand cyberattacks. However, even if fully implemented, it would not eliminate cyber risk for the power grid.
07 Oct 2019|Moody's Investors Service
The global investment banks are at high risk of cyberattacks through their multiple businesses and have accordingly enhanced their monitoring and risk-mitigation capabilities. According to our analysis, the GIBs have adopted international standards, effectively share information with other large financial institutions, as well as benefit from enhanced regulation.
09 Oct 2019|Moody's Investors Service
Brendan Sheehan from the Governance group and Lesley Ritter of the Cyber Risk team discuss the varying levels of transparency in cyber corporate disclosures across high risk sectors
02 Oct 2019|Moody's Investors Service
Investment in IT infrastructure and personnel, establishing response plans and controls, and cybersecurity insurance will help local governments reduce the impact of cyberattacks.
12 Sep 2019|Moody's Investors Service
Jenn Barr and Lisa Goldstein of the US healthcare team discuss how the interconnected nature of hospital operations and IT creates financial and operational challenges for the sector.
01 Aug 2019|Moody's Investors Service
Danielle Reed and Sarah Hibler of the Financial Institutions team talk about the state of the global cyber insurance market. P&C insurers are in the unique position of providing coverage to other companies for cyberattacks while also bearing the risk of being targets of such attacks themselves. Read the related report.
04 Apr 2019|Moody's Investors Service
The growing intersection of supply chains, connectivity and access to data is increasing the potential for significant cyberattacks, creating new risks for governments and businesses worldwide. This infographic explores the inherent cyber risk exposure of 35 broad sectors.
06 Mar 2019|Moody's Investors Service
In this edition of Moody’s Talks Global Credit, Senior Vice President Robard Williams speaks with Managing Director Derek Vadala about cyber risk-related trends, Moody’s framework for assessing these risks, and potential implications for creditworthiness across sectors.