Systemic Cyber Risk: Is it Insurable?
Critical systems carry points of failure. Welcome to systemic risk.
Reliable modeling begins with defining and refining the data required.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.