
As cyber attacks occur with increasing severity and frequency, cyber risk has moved to the top of many organizations’ critical risk lists. Organizations are exploring new methods and actionable steps to assess and quantify cyber exposure.

The cyber insurance market is creating both challenges and opportunities for risk managers and insurers. Here are four critical questions all insurers must answer before offering cyber coverage.
Cyber is an adversarial risk – someone is trying to outthink you.
Assessments and risk registers are inadequate.
FI’s struggle with defining conduct, let alone measuring it.
Standard approaches are lacking for modeling complexity.