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.

Edimax Camera RCE Vulnerability Exploited to Spread Mirai Malware
The Akamai Security Intelligence and Response Team (SIRT) has issued an alert about a command injection vulnerability in Edimax’s Internet of Things (IoT) devices. The