Moody’s predicts more cyber attacks outside the United States

As the United States increases its regulatory and law enforcement response to cyber attacks, Moody’s Investors Service predicts other regions will become more frequent targets, including Europe and especially less developed countries that have less access to cyber protections.

Moody’s held a webinar Thursday to discuss cybersecurity trends expected in 2023, following release of its annual outlook for cyber risk on Nov. 7. The report emphasized that steps to reduce cyber risk in some industries can end up redirecting...