Systemic Cyber Risk: Is it Insurable?
Reliable modeling begins with defining and refining the data required.
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
