What is a Silent Cyber?
Cyber risk exposure embedded in traditional property and casualty insurance policies that was not explicitly priced or intended.
Silent Cyber
Cyber risk exposure embedded in traditional property and casualty insurance policies that was not explicitly priced or intended.
How it works in practice
A commercial property policy covers physical damage to a factory. A cyber attack disables the factory's industrial control systems, halting production for three weeks. The policyholder files a business interruption claim under the property policy. Because the policy never explicitly included or excluded cyber perils, the insurer faces an unintended cyber exposure. Regulators have since pushed insurers to clarify cyber coverage in traditional policies.
Related glossary entries
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