Cyber insurance is a growing market, however, the industry lacks data on a potentially catastrophic cyber event, making it difficult to model and price. There is also no consensus on what could cause a catastrophic cyber event. A systemic cyber event is likely to result from an accident or unanticipated event rather than a planned attack, further complicating modelling. Increased transparency by the cyber community could aid in modelling this potential risk.
CISA Releases Security Advisory on 13 Industrial Control System Threats
The Cybersecurity and Infrastructure Security Agency (CISA) issued thirteen advisories to address vulnerabilities in industrial control systems (ICS), mainly in various Siemens systems and products
