The Business Times
business-time-50

Gautam Naik

In the US, losses stemming from cyber crime soared 48 per cent to US$10.2 billion last year from 2021, according to the Federal Bureau of Investigation.

Cyber catastrophe bonds move closer to hitting public debt markets

As the potential fallout of business-halting cyberattacks becomes too big to insure, issuers are seizing the moment to issue cat bonds linked to cyber risks

The world is reeling from the mounting impact of heatwaves, droughts and fiercer storms. Credit rating agencies need to move more swiftly to quantify the climate risk in bonds.

Ratings firms struggle to quantify climate risks in bond market

Concern is growing that credit rating analysts are misreading climate risks in global bonds to the detriment of creditors and borrowers

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