2022 Cyber Outlook: Cyber risk evolves with hybrid work and automation
Cyber risk is rising and evolving in novel ways, which will continue to challenge global issuers to enhance and fortify their security measures.
- Shifts in workplace behaviors pose new cyber risks for issuers
- Rising cyber insurance premiums, shrinking coverage, and a growing global cybersecurity talent gap
- Increase in regulations and mandates around disclosure rules
- Cyber as an enterprise-wide risk where responsibility and accountability resides with boards and trustees
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SpeakersLesley Ritter Vice President - Senior Analyst, Cyber Risk Group Moody's Investors Service
Leroy Terrelonge Vice President - Senior Analyst, Cyber Credit Risk Moody's Ratings
Stephen Boyer Co-founder, Chief Technology Officer
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As a member of the Cyber Risk team she is responsible for researching and publishing credit relevant cybersecurity reports in collaboration with the broader Moody’s analytical community. Although her role supports all industry groups Moody’s covers, Ms. Ritter is particularly interested in industrial control systems’ cybersecurity and has been a regular speaker on this topic at a number of ICS cyber conferences. Prior to joining the Cyber Risk Group, Ms. Ritter was a lead credit analyst in the Public Power and Infrastructure team where she covered a portfolio of US-based regulated electric and gas utilities as well as natural gas pipeline companies. Ms. Ritter completed her credit training at GE Energy Financial Services where she was an associate in the origination team covering the global power, midstream, and oil and gas space. Ms. Ritter holds a Bachelors in Economics from Union College and a Masters in Finance and Energy Policy from Columbia University.
Leroy Terrelonge is a Vice President – Senior Analyst in the Moody's Ratings Cyber Risk Group, where he is responsible for creating and executing a cyber-risk analytics and research agenda. He works collaboratively with stakeholders across Moody’s to build cyber datasets and publish timely and relevant research on cyber risk and its impact on financial performance.
Leroy has more than 20 years of risk experience working in government, international education, tech startups and corporates. Prior to joining Moody’s, Leroy led a team of analysts at Flashpoint, a threat intelligence company that researches cyber criminal communities, and previously worked as an analyst at the National Security Agency.
He has been cited in both domestic and international media on cyber risk issues and has presented at cybersecurity conferences around the world. Leroy graduated from the Fletcher School of Law and Diplomacy with a Masters in International Business and holds an A.B. in Near Eastern Languages and Civilizations cum laude from Harvard University. He also served as a Princeton-in-Asia fellow in Almaty, Kazakhstan.
Stephen Boyer is the CTO and Cofounder of BitSight Technologies. He has worked previously at Saperix, Lincoln Labs and Caldera.
While at the MIT Lincoln Laboratory, Boyer was a member of the Cyber Systems and Technology Group, where he led R&D programs solving large-scale national cybersecurity problems. Prior to MIT, he worked at Caldera Systems, an early Linux start-up.
Boyer holds a bachelor’s degree in computer science from Brigham Young University and master of science in engineering and management from MIT.