Systemic Cyber Risk: Is it Insurable?
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
Critical systems carry points of failure. Welcome to systemic risk.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
