Moody’s finds cyber risk growing across critical infrastructure sectors, urges focus on vulnerability management

Moody’s Investors Service says electricity, gas, water and hospitals face “very high cyber risk exposure,” while other key sectors including banking, telecom and technology face high exposure, in a new report examining the state of cybersecurity risk across key sectors.

“Cyber risk is rising. However, we are witnessing correlated growth in robust security program investments, as industries prioritize the need to assess and quantify the risk to inform key strategy decisions, mitigate supply chain risk, and ensure investor confidence,” according...