Systemic Cyber Risk: Is it Insurable?
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Ransomware losses have spurred reinsurers to reconsider their total exposures.