Heads Up CEO! Cyber Risk Influences Company Credit Ratings

More than ever, cybersecurity strategy is a core part of business strategy. For example, a company’s cyber risk can directly impact its credit rating.  Credit rating agencies continuously strive to gain a better understanding of the risks that companies face. Today, those agencies increasingly incorporate cybersecurity into their credit assessments. This allows agencies to evaluate […]

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Interpreting Moody’s Research on the Implications of Cyber Risk

Moody’s looks at the event risk and the impact of cyber incidents on organizations For some time now, information security professionals have been discussing how a company’s stock price can be affected by an information security incident. … Continue reading Interpreting Moody’s Research on the Implications of Cyber Risk

Rating: How Current Cybersecurity Issues Can Affect Future Profitability

Fallout from Equifax’s 2017 data breach continues to impact the company even years later. Moody’s Investor Service, a bond credit rating business, lowered Equifax’s rating outlook from stable to negative, which indicates a higher likelihood of a ratin… Continue reading Rating: How Current Cybersecurity Issues Can Affect Future Profitability