Jason Crabtree, QOMPLX CEO and co-founder wrote 'Why Current Cyber Risk Management Techniques are Inadequate' for Carrier Management.
"Cybersecurity is an adversarial challenge—with victims subject to opportunistic and strategic targeting and constantly changing techniques and tactics," writes Crabtree. "As a result, it is nearly impossible to understand the extent of exposure in such a dynamic risk landscape. The current evaluation methods, questionnaires and external scanning are simply inadequate, and the insurance community has embraced false precision in models built upon such limited datasets. This misguided confidence stems from teams and tools that are not focused on actual security methods."