Cyberattacks 101

On the latest episode of the Debtwire Municipals Muni Lowdown podcast, Managing Editor Paul Greaves and Curation Editor Stephanie Fagnani speak to Cybersecurity Content Specialist Bradley Barth about municipal bond issuers grappling with cyberattacks Bradley provides his thoughts on whether in-house expertise is enough or if security programs necessitate collaboration with a third-party vendor. The discussion shifts to Bradley highlighting the potential advantages/disadvantages to working with a third-party vendor. Bradley then segues into whether an organization’s vulnerability is correlated with the size, sector or ability of the municipal bond issuer to afford cybersecurity expertise. Bradley moves on to identify the different types of cyberattacks and whether victims should pay. Bradley discloses “best practices” for a municipal bond issuer around incident response and the quality of public disclosures. The podcast closes with Bradley discussing his thoughts on the potential efficacy of implementing a federal data breach law. #cybersecurity #ransomware #databreaches #muniland #cyberattacks