Systemic Cyber Risk: Is it Insurable?
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Critical systems carry points of failure. Welcome to systemic risk.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
At its core, aggregation risk triggers multiple policies.