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.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
