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Moody's cites credit risk from state-backed cyber intrusions into U.S. critical infrastructure
June 5, 2023, 2:01 a.m. | cybersecuritydive.com
The RISKS Digest catless.ncl.ac.uk
https://www.cybersecuritydive.com/news/moodys-credit-risk-cyber-critical-infrastructure/651656/
Corporate credit ratings are affected by cybersecurity risk assessments.
This expense should motivate rapid adoption of hardening infrastructure
measures to elevate ratings based on infosec audits and preparedness,
thereby reduce cyber-insurance costs.
Where are the skilled hands to competently rollout these core capabilities
and to sustain vigilant operations? Cyber infrastructure engineers and
watchdogs are hard to train, recruit, and retain. Not a role typically
out-sourced or off-shore, unlike the domestic US computer manufacturing
operations migrated to cut costs.
Remains …
adoption assessments audits capabilities corporate credit cyber cyber infrastructure cybersecurity cybersecurity risk engineers hard hardening infosec infrastructure insurance operations preparedness rapid risk risk assessments train
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