Systemic Cyber Risk: Is it Insurable?
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
At its core, aggregation risk triggers multiple policies.
Critical systems carry points of failure. Welcome to systemic risk.
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.