Systemic Cyber Risk: Is it Insurable?
At its core, aggregation risk triggers multiple policies.
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.
Ransomware losses have spurred reinsurers to reconsider their total exposures.
Critical systems carry points of failure. Welcome to systemic risk.