- Loss forecasting: The analyzer allows users to model different cyber-related loss scenarios, including privacy breaches and system failures, using Aon’s proprietary simulation models.
- Exposure assessment: It integrates with Aon’s existing cyber quotient evaluation (CyQu) platform, helping businesses assess their overall cyber exposures and security controls.
- Total cost of risk (TCOR) analysis: The tool also enables organizations to analyze the total cost of cyber risk.
“Organizations face an array of complex risks,” said Christian Hoffman, global specialty and financial products leader at Aon. “Compounding these risks are increased litigation pressures, shifting regulatory landscapes, and heightened scrutiny from shareholders.
