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RMS® is the world’s leading catastrophe risk modelling firm having helped to found the industry 30 Target Client Sizeyears ago. Since introducing our first cyber model in 2015, RMS has continued to build out its cyber risk modelling practice. Our most recent release (version 4) represents a major update to our probabilistic model and software functionality.
The RMS cyber model uses a multi-dimensional assessment to identify and quantify key risk variables that determine the frequency and severity of cyber-attacks. Through assessing threat-actor groups, human and outside-in vulnerabilities, digital assets at risk and historical losses, our model can help unlock the full cyber insurance market potential and ensure long-term profitability. Our solution supports both affirmative and silent cyber exposures and enables cyber portfolio management and underwriting.
RMS is proud to work with dozens of (re)insurance clients including many of the leading cyber insurance players.