With cyberattacks and ransomware on the rise, businesses face mounting pressure to strengthen their defenses—or risk devastating consequences. 

In this episode of KYC Decoded, host Alex Pillow sits down with Stephen Boyer, Co-founder and Chief Innovation Officer at Bitsight, to unpack the ever-changing world of cybersecurity and supplier risk management.

From headline-grabbing breaches to hidden dangers in vendor networks, Alex and Stephen explore how organizations can leverage smarter strategies and data-driven insights to stay ahead of cyber threats. Tune in as they discuss: 

• The Marks & Spencer cyberattack and its implications 
• The different levels of ransomware attacks 
• The methods hackers use to breach company systems 
• The risks within third-party networks and the concept of fourth-parties 
• The broader impacts of cyberattacks on businesses 
• Effective strategies for mitigating cyber risk 

For further information, check out the resources below: 

• Moody's Maxsight™ landing page
• J.P. Morgan Chase Open Letter to third party suppliers 
• Moody’s Research Report on cyber security management 
• Bitsight TRACE Research

To learn more about Moody’s, please visit our website or get in touch; we would love to hear from you.