Cybersecurity Trends 2023: Latest Research & Key Risk Contributors

Presented by

Derek Vadala ; Jim Hempstead; Leroy Terrelonge

About this talk

Cybersecurity risk is evolving in novel ways, with growing potential to cause significant economic disruption and financial losses as attackers become more sophisticated and businesses become more interconnected. Recent analysis from Moody’s highlights the risk: $22 trillion in global rated debt has “High” or “Very High” cyber risk exposure. What are the major cybersecurity trends for 2023? How can security leaders adapt their programs and increase their levels of preparedness? How will financial markets incorporate cyber risk into investment and credit decisions? Join our webinar on January 20th, at 11am to hear insights from Moody’s analysts and BitSight’s cyber risk experts as they discuss their latest research and look ahead to 2023: • Key takeaways regarding the latest Moody’s research featuring BitSight data, including factors contributing to increased cyber risk in markets, sectors, and regions with the highest cyber risk levels; • Future of ransomware attacks; • Potential impact of new regulations like the Securities and Exchange Commission’s cyber incident disclosure requirements; • Evolution of cyber insurance; • Quantifying losses from cyber incidents. Speakers: Derek Vadala - Chief Risk Officer BitSight; Jim Hempstead - Managing Director Moody's Investors Service; Leroy Terrelonge - VP Senior Analyst, Cyber Risk Group Moody's Investor Service

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BitSight transforms how organizations manage cyber risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and assess aggregate risk. With over 2,100 global customers and the largest ecosystem of users and information, BitSight is the Standard in Security Ratings.