Catastrophic Cyber Insurance: The Clause That Breaks Deterrence

Cat-scale cyber events blow past the diversification logic that makes insurance work. As reinsurers pull back and war-exclusion language broadens, payout uncertainty grows—reshaping how boards invest, how adversaries calculate risk, and how governments contemplate backstops. The market’s fine print is fast becoming de facto cyber norms, for better or worse.https://www.thesecuritynexus.net