30 September 2013Analysis

Aon Risk Solutions releases cyber diagnostic tool

Aon Risk Solutions launched a new cyber diagnostic tool at the Federation of Risk Management Associations (FERMA) Forum, created in response to Aon data highlighting that cyber risk is not yet recognised as seriously in the EU as in the US. The program is expected to be rolled out globally over the coming months.

The cyber diagnostic tool aims to help risk managers identify and understand their exposure to cyber risk, using a series of multiple choice questions to assess how employees use technology, controls in place and management’s attitude to cyber risk.

Kevin Kalinich, group practice leader—cyber at Aon, said: “the recent high profile attacks on Banco Santander in the UK and Vodafone in Germany are demonstrating how cyber crime is an increasing business risk and should be taken seriously by the Board. Businesses in all industries are increasingly reliant on reliant on technology and information assets, which raises the risk that cyber can impact an organisation’s financial statements. The Aon Cyber Diagnostic Tool assists risk managers to articulate the business impact of cyber risks to senior management.”