Systemic Cyber Risk: Is it Insurable?
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.
At its core, aggregation risk triggers multiple policies.
Understanding the data of a particular risk opens a path to anticipating secondary effects.