Moody's warns 28% global debt rated high risk of cyber attack

03/10/2022 | The Register

Investor credit risk analysis and ratings company Moody's has signalled that around $22 trillion of global debt, which equates to 28% of its $80 trillion total rated debt, has either a "high" or "very high" exposure to cyber risk. Out of 71 sectors in total, and looking at exposure (attractiveness of the target) and mitigation factors, Moody's calculates the sectors most at risk of cyberattacks are utilities such as gas, electricity and water, as well as hospitals. Banks, technology and telecommunications providers are also rated highly. 

Read Full Story
Moody's

What is this page?

You are reading a summary article on the Privacy Newsfeed, a free resource for DPOs and other professionals with privacy or data protection responsibilities helping them stay informed of industry news all in one place. The information here is a brief snippet relating to a single piece of original content or several articles about a common topic or thread. The main contributor is listed in the top left-hand corner, just beneath the article title.

The Privacy Newsfeed monitors over 300 global publications, of which more than 4,350 summary articles have been posted to the online archive dating back to the beginning of 2020. A weekly roundup is available by email every Friday.

Freevacy has been shortlisted in the Best Educator category.
The PICCASO Privacy Awards recognise the people making an outstanding contribution to this dynamic and fast-growing sector.