The threat of cyberattackers subverting elections around the world puts not just democratic institutions at risk but also a country’s creditworthiness, according to Moody’s Investors Service.
Among countries with popular national elections, Moody’s sovereign-credit ratings and perceptions of electoral integrity are highly correlated, authors including Leroy Terrelonge, a cyber risk analyst, wrote in the report. Cyberattacks undermine that integrity, they wrote. The analysis uses rankings from the Electoral Integrity Project’s 2019 report.