itb-au logo
Story image

Aon launches cyber risk management solution in Australia

24 Jun 2019

Aon has launched a dynamic cyber risk management analytical portal, Cyber Quotient Evaluation (CyQu). This latest solution by Aon will empower Australian enterprises to better understand areas of vulnerability, build a framework to strengthen and protect their organisation and focus cybersecurity investments.
 
CyQu is a software-driven assessment tool designed to rapidly evaluate an enterprise’s cybersecurity profile. It identifies vulnerabilities by helping business leaders to understand how their cyber risk posture measures up across critical control domains such as data, network, physical and application security, and third party and business resilience.
 
The software benchmarks cyber resilience against industry targets and peers, streamlines and facilitates risk transfer and develops a data-driven cyber risk management strategy. It supposedly enables business of all sizes to protect themselves from potential ransomware and other malware-related threats.
 
The software empowers organisations to take the first step in understanding its cyber risk exposures and begin to strengthen their risk profile. In about 90 minutes or less, CyQu delivers a cyber risk maturity score and a clear path to reviewing and understanding actionable remediation strategies.
 
Aon Australia’s Chris McLaughlin commented, “The threat of a cyber-attack is one of the most consequential risks facing organisations today. According to Aon’s 2019 Global Risk Management Survey, “cyber-attacks and data breaches” is ranked the fifth highest concern amongst Australian businesses.

The CyQu portal is supposedly another example of Aon’s strategic investment in the digital space to provide customer-centric, insight-led advisory services to manage volatility and maximise performance.
 
The cyber risk management solution originally launched across the US in 2018, comprised of cyber resilience evaluation services from Aon, enabled by security technologies provided by Cisco and Apple, and options for enhanced cyber insurance coverage from AlliA/NZ.

Story image
Environmental Intelligence sector increasingly important, report states
The EI sector is emerging as one where technology meets real-world challenges, and is set to become more significant as climate change and environmental issues dominate public interest, the report states.More
Story image
Trintech expands Australian Data Centre and makes additions to local team
"This investment enables mid-market companies in the APAC region to leverage Trintech's industry-leading financial close solution, Adra, in complete compliance with onshore data requirements."More
Story image
Is the 'fast follower' mentality holding back anti-money laundering in Australia?
The decade-old rules-based systems cannot keep up with sophisticated cyberattacks and money laundering threats on their own, writes FICO financial crimes leader for APAC Timothy Choon.More
Link image
Not all cloud comms solutions are created equal: How to tell good from bad
Not choosing a 'true' cloud solution exposes organisations to a host of problems, including low call quality, reliability issues, additional costs, and even security concerns.More
Story image
Digital enviro tech could save companies money but adoption is slow
According to a report from Frost & Sullivan and Envirosuite, environmental management tools can bring growth, innovation and bottom-line savings.More
Story image
VMware makes enterprise blockchain platform available
The solution provides an extensible and scalable enterprise-grade platform to unlock data silos and free up data to flow securely, privately and instantaneously.More