Systemic Cyber Risk: Is it Insurable?
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Critical systems carry points of failure. Welcome to systemic risk.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
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.
