Chennai, July 24 -- Underreporting of cyber-attacks could create a false sense of security
among Asia-Pacific issuers and adherence to tighter regulation would provide a better picture
of cyber preparedness and related credit quality, S&P Global Ratings said today.
In a report titled `Cyber Risk Brief: How Recent Data Breaches Affect Asia Pacific Issuers' and released today, it said cyber risks in the Asia Pacific region are intensifying.
"Asia-Pacific issuers are as vulnerable to cyber threats as those in any other region," S&P Global Ratings credit analyst Shruti Zatakia said.
"We believe a lack of public disclosure requirements in the region is causing cyber incidents to
go unreported. This could falsely suggest Asia-Pacific is le...