Systemic Cyber Risk: Is it Insurable?
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Critical systems carry points of failure. Welcome to systemic risk.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Reliable modeling begins with defining and refining the data required.
