09 JUL 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
Cyberattackers are increasingly targeting elections in many countries, which can undermine the credibility of elections and potentially exacerbate sociopolitical tensions.
Financial Institutions – Cross Region: Cyber risk rises as coronavirus drives increased digital banking and remote work
08 JUL 2020|Sector In-Depth|Credit After Covid|MOODY'S INVESTORS SERVICE
Social distancing has increased digital banking and remote work by bank employees, leading to increased cyber risk. Most banks have developed cyber risk awareness and mitigation measures.
Australia, Government of: High economic resilience and robust institutions mitigate Australia's heightened exposure to cyberattacks
02 JUL 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
Australia's strong economic resilience and robust institutions help mitigate the credit risk posed by heightened exposure to cyberattacks.
Government of Ethiopia: Cyberattacks on Ethiopian websites exacerbate tension with Egypt over Nile River dam
30 JUN 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
The cyberattacks introduce a new dimension to ongoing tension over the operation of the Grand Ethiopian Renaissance Dam, but are unlikely to significantly affect Ethiopia's credit profile.
18 JUN 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
MaxLinear has not determined whether the cyberattackers downloaded materially sensitive files that could damage MaxLinear's customer relationships or reputation.
Corporates – Global : Suppliers and vendors are becoming the weakest link in corporate cybersecurity
08 JUN 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
Indirect cyberattacks on companies through third parties will become more common as digitalisation rises. Manufacturing and autos, telecoms, media, and technology are especially at risk.
National Railroad Passenger Corporation (Amtrak), DC: Customer data breach reveals Amtrak's vulnerability to third party service providers
05 JUN 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
Amtrak revealed a customer data breach dated May 29, 2020. Cybersecurity has emerged as a principal operational risk for companies like Amtrak that handle confidential customer data through.
State and local government – Pennsylvania: New voting systems improve election integrity but strain smaller counties
21 MAY 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
A partially funded mandate requiring Pennsylvania counties to replace voting systems strains counties with fewer resources, but ultimately improves the security and integrity of elections.
13 MAY 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
Pitney Bowes has avoided business disruption from a new ransomware attack, a result of security improvements that stemmed from a similar attack last October.
Electric & Gas – US: US electric utilities will benefit from cybersecurity measures in executive order
06 MAY 2020|Sector Comment|MOODY'S INVESTORS SERVICE
A new US executive order is credit positive for US electric utilities because it addresses cybersecurity risks that relate to the supply chain, as well as corporate governance priorities.