Systemic Cyber Risk: Is it Insurable?
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.
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.
Reliable modeling begins with defining and refining the data required.