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Moody's sets up JV to create cyber risk benchmark for businesses

Posted On: Jun. 27, 2019 6:18 AM CST

U.S.-based ratings agency Moody's Corp. and Israel-based cyber security firm Team8 have set up a joint venture to create a global benchmark to assess businesses' cyber risk, Reuters reported. Moody's and Team8 plan to develop a framework to measure companies' defenses and readiness for cyber attacks in comparison to other businesses.

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