Systemic Cyber Risk: Is it Insurable?
Tech providers and some startups are developing tools for scanning, identifying and evaluating systems for potential points of failure.
Critical systems carry points of failure. Welcome to systemic risk.
Reliable modeling begins with defining and refining the data required.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Ransomware losses have spurred reinsurers to reconsider their total exposures.