Moody’s turns up the heat on ‘riskiest’ sectors for cyberattacks

About $22 trillion of global debt rated by Moody’s Investors Service has “high,” or “very high” cyber-risk exposure, with electric, gas and water utilities, as well as hospitals, among the sectors facing the highest risk of cyberattacks.

That’s more than one-quarter (28 percent) of the $80 trillion in Moody’s rated debt across 71 global sectors, and it represents a $1 trillion jump from the firm’s 2019 numbers, according to the credit rating biz.

For its Cyber Heatmap, Moody’s looks at two factors, exposure and mitigation, and weighs both across all of the sectors it rates.

Read more…
Source: The Register