Archive · 16 Jun 2025
Moody's: Cyber Threats Rising for Rated Organizations
Imagine companies have digital locks, but hackers are getting better at picking them.
Moody's, a company that checks if other companies are doing well, says these digital break-ins are happening more often.
It's like more and more companies are getting their digital doors broken into.
Sometimes this makes the companies' business worse.
Hospitals and public housing seem to be getting hit the most, often because they have important data or older technology.
If a company gets hacked once, it's more likely to get hacked again because the hackers learn how to exploit the systems.
It's important for companies to fix the problems and make sure their digital locks are strong to stay safe.
Moody's reports increasing cyber threats pose risks to creditworthiness of rated debt issuers.
Cyber incidents affecting rated organizations have increased from 4-5% before 2019 to 7% since 2020.
Third-party software providers are a primary source of indirect cyberattacks.
Hospitals face the highest incident rates, while public-sector housing leads in recurrence.
Organizations with past cyber incidents are significantly more likely to experience future breaches.
- Who
- Organizations rated by Moody's, including hospitals, public-sector housing, and telecommunications.
- What
- Moody's reported increasing cyber threats to rated debt issuers.
- When
- Cyber incidents have risen since 2019.
- Where
- Globally, impacting various sectors.
- Why
- Increasingly sophisticated attacks and interconnected factors contribute to persistent vulnerability.
- Cyber Incident Increase
- From 4-5% (pre-2019) to ~7% (since 2020)
- Organizations Analyzed
- 9,600 rated debt issuers
- Primary Attack Source
- Third-party software providers
- Sectors with Highest Rates
- Hospitals
- Sector with Highest Recurrence
- Public-sector housing
- Organizations with Multiple Incidents within a Year
- 14% of hospitals