Systemic Cyber Risk: Is it Insurable?
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
At its core, aggregation risk triggers multiple policies.
Critical systems carry points of failure. Welcome to systemic risk.