Systemic Cyber Risk: Is it Insurable?
Reliable modeling begins with defining and refining the data required.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
At its core, aggregation risk triggers multiple policies.