Systemic Cyber Risk: Is it Insurable?
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
At its core, aggregation risk triggers multiple policies.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Critical systems carry points of failure. Welcome to systemic risk.
