Corporates Up Their Cyber Preparedness As Cyber Attacks Become More Widespread

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To identify common themes arising from cyber incidents, including the nature and type of cyber attacks, management teams' response and communication, and the impact of cyber attacks on credit quality, we analyzed certain cyber attacks that occurred since January 2022 on 75 of our rated non-financial corporates across the world. The data we used for our survey and analysis was based on publicly available information, management disclosures, our research, and press reports.

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