Systemic Cyber Risk: Is it Insurable?
Reliable modeling begins with defining and refining the data required.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
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.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
