Costa Rica cyberattacks highlight key risk area as emerging markets move toward digitization

In this episode of Emerging Markets Decoded, Leroy Terrelonge of the Cyber Risk team and Gabriel Torres of the Sovereign team join host Shirin Mohammadi to discuss rising cyber risks for emerging markets and recent attacks on Costa Rica’s government.

Related content on Moodys.com (some content only available to registered users or subscribers): 

• Government of Costa Rica: FAQ on the sovereign credit implications of recent cyberattacks
• Government of Costa Rica: Cyberattack disabling key government services is credit negative 
• Cyber Risk – Global: Broad sanctions against Russia raise risks of financially motivated cyberattacks 
• Global – Cyber Risk: Russia-Ukraine tensions increase cyber risks across regions, asset classes
• Cyber Risk – Global: Cyber risk survey of issuers finds growing investments, but gaps in preparedness

© 2026 Moody’s Corporation and/or its licensors and affiliates. All rights reserved. Go to www.moodys.com/pages/globaldisclaimer.aspx for complete legal terms and conditions governing use of Moody’s information made available in this video.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.