Systemic Cyber Risk: Is it Insurable?
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Reliable modeling begins with defining and refining the data required.
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
