Systemic Cyber Risk: Is it Insurable?
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.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
At its core, aggregation risk triggers multiple policies.