Systemic Cyber Risk: Is it Insurable?
At its core, aggregation risk triggers multiple policies.
Understanding the data of a particular risk opens a path to anticipating secondary effects.
Many cyber risks have been covered with only a vague understanding of the factors that support pricing and risk differentiation.
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.