Systemic Cyber Risk: Is it Insurable?
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Reliable modeling begins with defining and refining the data required.
At its core, aggregation risk triggers multiple policies.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.