Systemic Cyber Risk: Is it Insurable?
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Reliable modeling begins with defining and refining the data required.
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
