The Effect of Cyber Management Policies and Program Factors on Cyber Security Performance

Bitsight investigates – Answers to the 2023 Moody’s Investors Service Cyber Survey have clear implications for cybersecurity performance.

This year’s Moody’s Investors Service Cyber Survey — a 90-question survey of more than 1,700 respondents gauges cybersecurity practices among global debt issuers — highlights important cyber risk trends of critical importance to organizational security. In part, organizations were asked if they had specific cybersecurity programs in place, responding with a simple “yes” or “no.” Bitsight mapped these answers to its security performance dataset, finding that negative answers imply a significantly heightened risk of experiencing a cyber incident. Merely having — or not having — certain programs in place can put an organization at a significantly higher risk of an incident.

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