CFC: Real-life systemic cyber events challenging model assumptions

06 December 2021

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Claims data from recent mass cyber attacks is starting to challenge the loss assumptions made by cyber cat models and suggests ultimate claims paid in systemic events could be less than feared, according to CFC head of cyber James Burns.

Speaking at CFC’s Cyber Forum last week, Burns said CFC claims data on its SME cyber book suggested different dynamics were at play between targeted standalone victims and those companies that are victims of a mass cyber attack or...

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CFC: Real-life systemic cyber events challenging model assumptions

Claims data from recent mass cyber attacks is starting to challenge the loss assumptions made by cyber cat models and suggests ultimate claims paid in systemic events could be less than feared, according to CFC head of cyber James Burns.

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CFC: Real-life systemic cyber events challenging model assumptions

Claims data from recent mass cyber attacks is starting to challenge the loss assumptions made by cyber cat models and suggests ultimate claims paid in systemic events could be less than feared, according to CFC head of cyber James Burns.

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