Systemic Cyber Risk: Is it Insurable?
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
Insurers are gathering more information and addressing limits. This can lead to higher prices and longer waiting times.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
At its core, aggregation risk triggers multiple policies.
Critical systems carry points of failure. Welcome to systemic risk.
