Moody’s Invests in Team8 Cybersecurity Fund
Moody’s Corporation (NYSE:MCO) announced today that it has invested in Team8 Partners II, L.P., the second vehicle raised by
Team8, a leading think tank and company creation platform specializing in cybersecurity and data resilience.
As a participant, Moody’s will gain access to innovative and emerging cybersecurity companies and thought leadership
opportunities through Team8’s network. The investment builds on Moody’s recent investments and initiatives in cybersecurity and
emerging technologies.
Team8’s innovation process combines a research team with intimate knowledge of cybersecurity, access to cyber talent, and a
global network that gives Team8 companies access to customers, partners and key influencers. Team8 is backed by Cisco, Microsoft,
AT&T, Walmart, Airbus, Softbank, Qualcomm, Munich-Re, Dimension Data, and ScotiaBank.
“We are pleased to partner with Team8 to accelerate the development of innovative approaches to cybersecurity. Moody’s has a
unique perspective on the importance of cybersecurity to the capital markets and its increasing impact on the health and resilience
of enterprises globally. We look forward to engaging with Team8’s ecosystem of business, technology and security leaders as
part of Moody’s efforts to quantify and assess cyber risk,” said Derek Vadala, Global Head of Cyber Risk at Moody’s Investors
Service.
The investment will be funded with available cash and will not have a material impact on Moody’s financial results.
To learn more about Team8, visit www.team8.vc.
About Moody’s Corporation
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that
contribute to transparent and integrated financial markets. Moody's Corporation (NYSE:MCO) is the parent company of Moody's
Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics,
which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management.
The corporation, which reported revenue of $4.2 billion in 2017, employs approximately 12,300 people worldwide and maintains a
presence in 42 countries. Further information is available at www.moodys.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
Certain statements contained in this release are forward-looking statements and are based on future expectations, plans and
prospects for the Company’s business and operations that involve a number of risks and uncertainties. The forward-looking
statements and other information in this release are made as of the date (except where noted otherwise), and the Company undertakes
no obligation (nor does it intend) to publicly supplement, update or revise such statements on a going-forward basis, whether as a
result of subsequent developments, changed expectations or otherwise. In connection with the “safe harbor” provisions of the
Private Securities Litigation Reform Act of 1995, the Company is identifying examples of factors, risks and uncertainties that
could cause actual results to differ, perhaps materially, from those indicated by these forward-looking statements. Those factors,
risks and uncertainties include, but are not limited to, credit market disruptions or economic slowdowns, which could affect the
volume of debt and other securities issued in domestic and/or global capital markets; other matters that could affect the volume of
debt and other securities issued in domestic and/or global capital markets, including regulation, credit quality concerns, changes
in interest rates and other volatility in the financial markets such as that due to the U.K.’s referendum vote whereby the U.K.
citizens voted to withdraw from the EU; the level of merger and acquisition activity in the U.S. and abroad; the uncertain
effectiveness and possible collateral consequences of U.S. and foreign government actions affecting credit markets, international
trade and economic policy; concerns in the marketplace affecting our credibility or otherwise affecting market perceptions of the
integrity or utility of independent credit agency ratings; the introduction of competing products or technologies by other
companies; pricing pressure from competitors and/or customers; the level of success of new product development and global
expansion; the impact of regulation as an NRSRO, the potential for new U.S., state and local legislation and regulations, including
provisions in the Financial Reform Act and regulations resulting from that Act; the potential for increased competition and
regulation in the EU and other foreign jurisdictions; exposure to litigation related to our rating opinions, as well as any other
litigation, government and regulatory proceedings, investigations and inquires to which the Company may be subject from time to
time; provisions in the Financial Reform Act legislation modifying the pleading standards, and EU regulations modifying the
liability standards, applicable to credit rating agencies in a manner adverse to credit rating agencies; provisions of EU
regulations imposing additional procedural and substantive requirements on the pricing of services and the expansion of supervisory
remit to include non-EU ratings used for regulatory purposes; the possible loss of key employees; failures or malfunctions of our
operations and infrastructure; any vulnerabilities to cyber threats or other cybersecurity concerns; the outcome of any review by
controlling tax authorities of the Company’s global tax planning initiatives; exposure to potential criminal sanctions or civil
remedies if the Company fails to comply with foreign and U.S. laws and regulations that are applicable in the jurisdictions in
which the Company operates, including data protection and privacy laws, sanctions laws, anti-corruption laws, and local laws
prohibiting corrupt payments to government officials; the impact of mergers, acquisitions or other business combinations and the
ability of the Company to successfully integrate acquired businesses; currency and foreign exchange volatility; the level of future
cash flows; the levels of capital investments; and a decline in the demand for credit risk management tools by financial
institutions. These factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual
results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking
statements are described in greater detail under “Risk Factors” in Part I, Item 1A of the Company’s annual report on
Form 10-K for the year ended December 31, 2017, and in other filings made by the Company from time to time with the
SEC or in materials incorporated herein or therein. Stockholders and investors are cautioned that the occurrence of any of these
factors, risks and uncertainties may cause the Company’s actual results to differ materially from those contemplated, expressed,
projected, anticipated or implied in the forward-looking statements, which could have a material and adverse effect on the
Company’s business, results of operations and financial condition. New factors may emerge from time to time, and it is not possible
for the Company to predict new factors, nor can the Company assess the potential effect of any new factors on it.
Moody’s Corporation
Stephen Maire, +1-212-553-7424
Global Head of Investor Relations and Communications
stephen.maire@moodys.com
or
Michael Adler, +1-212-553-4667
Senior Vice President, Corporate Communications
michael.adler@moodys.com
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