Municipal Market Analytics, Inc.

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Bloomberg

Ransomware Attack on Hospital Shows New Risk for Muni-Bond Issuers

“The resolution of the situation will likely cost the hospital via monetary settlements and security hardening, making a financial rebound a bit more difficult than otherwise,” MMA said in its report. “Pleasant Valley highlights cyber risks as, at least so far, primarily a worsener for most municipal credits.”

https://www.bloomberg.com/news/articles/2020-02-05/ransomware-attack-on-hospital-shows-risk-for-muni-bond-issuers