ICS incidents threaten not just process safety and mission assurance, but also – based on the layer of assets compromised – may impact physical assets, result in operational downtime, and trigger liability. This session examines how the risk management community thinks about ICS cybersecurity impacts, from insurance actuarial models and underwriting decisions, to broker guidance for insureds, and to how risk managers approach the unique risks generated by ICS cyber events that cross multiple types of insurance policies. The session explores how risk management and vulnerability remediation relate to insurance coverage and costs, in a complex cross-section of insurance that is new to virtually every player in the food chain.
