What is an Insurance Risk Transfer Analysis?
Overview of how to interpret the Insurance Risk Transfer Analysis.
Cybersecurity or any Insurance can potentially be an effective tool to transfer risk to a willing third party. However, this Risk Transfer is not necessarily as simple as it may sound. Especially for risk areas where there is not any insured community with mutually independent risk events. There is no free lunch with a Risk Transfer.
Insurance Evaluation captures and quantifies this Risk Transfer Analysis. This video provides an overview of how it works at the ManageXValue Risk Quantification solution.
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