Systemic Cyber Risk: Is it Insurable?
Critical systems carry points of failure. Welcome to systemic risk.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
Reliable modeling begins with defining and refining the data required.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.