Aon's new tool aids firms in cyber risk management

It aims to tackle ransomware, data breaches, business interruptions, and insider risks.

Aon introduced the Cyber Risk Analyser, a digital tool designed to help organisations assess and mitigate cyber risks through data-driven insights. 

The application aims to address evolving threats such as ransomware, data breaches, business interruptions, and insider risks, which are compounded by litigation pressures, shifting regulations, and shareholder scrutiny. 

The Cyber Risk Analyzer offers three key features:  loss forecasting, exposure assessment and total cost of risk analysis.

These aim to support risk managers, chief information security officers, and corporate leaders in making informed decisions about risk financing and insurance allocation. 

The analyser is also designed to assist boards and executives in optimizing their insurance capital deployment.