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.
Exposures can range from possible to implausible, with a mix of behavioral uncertainty.
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
The Cybersecurity and Infrastructure Security Agency identifies 16 topics considered massive systemic risks.