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.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Critical systems carry points of failure. Welcome to systemic risk.
