Systemic Cyber Risk: Is it Insurable?
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Reliable modeling begins with defining and refining the data required.
At its core, aggregation risk triggers multiple policies.
