Cyber risk is no longer considered an emerging risk. Every organization should consider the financial statement impact of cyber exposures. Cyber risk is not static, and as such our framework serves as a tool for holistic cyber risk management.
Aon Risk Solutions has launched insurance covers with the aim to extent on existing and more traditional cyber policies with embedding system failures, legal aspects and managerial aspects of the organisation. A noteworthy document to read for every manager because it highlights the crucial points of cyber security.
The approach of AON is focused on supporting the organisation in identifying, addressing, responding by to the unique cyber risks of the organisation involved. It goes beyond the more traditional risk transfer and broadens the horizon on the fields of influence within the organisation.
Insurance and risk management are closer than ever in this approach.