I really don’t signify cyber insurance premiums lacks value or that it is a charade.
The major aim: cyber insurance policies has the completely wrong dresses for its use and personal advantages that they aspires.
This web site document sketches the discussion and data. I’ll be appropriate upward separately with more detail by detail and rigorous research (via computational modeling) that, i really hope, would be publishable.
tl;dr: (switching metaphors)
As a driving force for far better cyber possibility maintenance, present day cyber insurance policy is on the subject of as effective as consuming dish with a fork.
(this can be an extended document. For readers who wish to “cut to the chase”, possible ignore within the “Cyber Insurance is an operating Misfit” section.)