NEW YORK, Aug. 31, 2021 /PRNewswire/ — S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), today announced an expanded partnership with Guidewire Software, Inc. (NYSE: GWRE) which deepens the long-standing relationship and couples Guidewire’s cyber risk insights with S&P Global Ratings’ extensive credit knowledge and experience.
Cyber risk has been propelled into a vital, top risk consideration for all organizations. Cybersecurity-related concerns have risen considerably over the past several years and presented significant new challenges to executives and boards of directors across regions and sectors. The forced full digitalization prompted by global pandemic-related lockdowns and mobile workforces have, in many ways, augmented risk considerations.
Organizational structures, risk management cultures, vendor management and stakeholder engagement can all materially impact the cyber risk posture of management teams and boards of directors. As the number of cyber-related incidents continues to escalate, the standardization of reporting and management of this now-mainstream, 21st century risk type require the attention of all market participants.
S&P…
