supply chain cyber attacks

How Cyber Risk Is Turning Into A Credit Threat For Global Carmakers

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S&P Report Links Cyber Attacks And Auto Credit Quality A new S&P Global Ratings report warns that cyber risk is now an immediate threat to automakers’ credit ratings worldwide. The study, “Auto Sector: When Cyber Risk Becomes Credit Risk,” finds that cyber incidents can quickly disrupt factory operations and hurt company finances. The main points … Read more

Cyber Risk Will Increase in 2025: Insurers Warn of Rising Threats

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According to Woodruff Sawyer & Co.’s annual survey released Monday, 58% of cyber insurers expect cyber risk will increase “slightly” in 2025. This marks an increase from 44% in 2024 but remains lower than 74% in 2023. Cyber insurance rates dropped for many businesses in 2024, with 66% of Woodruff Sawyer clients experiencing cost reductions. … Read more

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