Cyberattack Contagion in the Financial System

A new, groundbreaking study released by Moody's Analytics clearly connects cyber risk to financial impact.

Cyberattacks pose a growing threat to the global financial system, with recent breaches exposing vulnerabilities deep in its plumbing. Given the rapid digitization of the financial sector and proliferation of cyber threats, the prospect of a cyber event with far-reaching consequences for economic and financial stability is a serious risk.

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