Moody’s identifies ‘very high’ cyber risk in water sector due to digitalization, operational technology

Water and wastewater utilities are increasingly targeted by malicious cyber actors as the use of digital components becomes more widespread and the potential for cyber-physical attacks rises due to insecure operational technology, according to a new Moody's Investors Service report.

“The water sector's exposure is rising as the sector is becoming increasingly digitalised through the installation of data logging equipment and smart meters, a trend we expect to continue given the need to reduce per capita consumption. Greater digitalisation introduces...