Evaluating Cyber Credit Risk as It Unfolds

Dear Member,

Join us for an interactive session exploring how a major cyberattack can affect a company’s credit profile.

Following the enthusiastic feedback from our 2025 cybersecurity event (and your requests to welcome him back), we are delighted to announce the return of Leroy Terrelonge III, Senior Vice President, Cyber Credit Risk at Moody’s Ratings.

He will be joined by Marie Fischer-Sabatié, Senior Vice President in Moody’s Corporate Finance Group, bringing her deep expertise in European corporate credit.

Leroy and Marie will guide you through the timeline of a headline-making cyberattack in France. As the situation unfolds, participants will be invited to assess developments, share their views, and consider the potential implications for credit risk.

At key stages, we will gather audience perspectives before revealing the actual outcome and discussing the rationale behind the rating committee’s decision, based on the information available at the time.

Through this practical case study, you will explore:

• How cyber incidents can affect credit profiles and business operations
• How to apply analytical judgment as new information emerges
• The key indicators that distinguish a minor disruption from a material credit event
• The cyber-related factors most likely to trigger rating action

The session will conclude with a Q&A, offering an opportunity to exchange directly with Leroy and Marie.