Inside Cybersecurity

June 25, 2024

Daily News

Moody’s finds high adoption rate of advanced cyber defenses in telecom, tech companies that face increased risk

By Jacob Livesay / June 10, 2024

Telecommunications and technology companies are investing in advanced cyber governance and defense practices in response to an increased risk profile faced by their sectors, according to a report from Moody’s Ratings.

Survey results show that companies in the telecommunications, media and technology sectors “report having a cyber manager and more cyber expertise at board level than the global median” and demonstrate “more frequent reporting to the CEO and the board,” Moody’s says in the June 6 report.

The report...

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