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.
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.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
