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Who Faces Biggest Financial Risks From Cyberattacks?

Four business sectors – banks, banks, securities firms and market infrastructure providers – potentially face the most significant financial impact from cyberattacks that could lead to a weakened credit profile. The financial impact of a cyberattack could include the cost of insurance, the effect on customer behavior, litigation costs, fines and impact on technology infrastructure and R&D spending, Moody’s says. The report notes that the highest-profile cyber events have yet to result in any material deterioration in the creditworthiness of the affected companies.”]

Source: https://www.databreachtoday.com/who-faces-biggest-financial-risks-from-cyberattacks-a-12109

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