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