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News from Members Aon and Ponemon Institute Survey Shows Information Technology Assets are 38 Percent More Exposed than Tangible Assets

Aon and Ponemon Institute Survey Shows Information Technology Assets are 38 Percent More Exposed than Tangible Assets

by AON Romania June 16, 2015

Website www.aon.ro

  • Data from Aon and the Ponemon Institute surveys over 500 organisations across EMEA on cyber risk related issues
  • 38 percent of EMEA organisations see cyber as a top 5 business risk

Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), in partnership with The Ponemon Institute today released EMEA data which explores the financial statement exposure of intangible (cyber) assets, relative to tangible assets.

The research was undertaken in March 2015 surveying 545 professionals in 15 countries throughout Europe, Middle East and Africa (EMEA). Of those surveyed, more than a third (38 percent) have experienced a material or significantly disruptive loss relating to a data breach or security exploit in the past 24 months. The average financial impact of these incidents was $1.1 million, with overwhelmingly the most common EMEA cyber incident an attack that caused disruption to business and IT operations.

Bill Peck, Chief Commercial Officer, Aon EMEA, said “Aon wanted to understand how organisations qualify and quantify the impact of cyber-related assets. This survey is unique as it focused on the relative financial statement impact of cyber incidents compared to tangible asset vulnerabilities. In today’s technology-driven environment, enterprise risk management issues are rapidly growing with the increased use of information assets and technology and present an ever-increasing exposure to business.”

The report’s findings act as a roadmap for risk managers and finance (plus IT and legal), helping them take a broader look at their organization’s overall risk profile to help establish comprehensive insurance coverage is in place compared to the impact of each risk on the organization.

For more information regarding the Aon and Ponemon Institute report, please visit aon.ro or click here: http://goo.gl/97Tv1C

About Aon:

Aon plc (NYSE:AON) is a leading global provider of risk management, insurance brokerage and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 69,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative risk and people solutions. For further information on our capabilities and to learn how we empower results for clients, please visit: http://aon.mediaroom.com/

Aon Romania, one of the largest corporate insurance brokers in Romania, provides risk management, insurance brokerage, and human resources solutions to companies, authorities and financial institutions. The company founded in 1991, became the subsidiary of Aon starting 2005, now being the largest operation in the South Eastern Europe. Aon Romania is ISO 9001/2008 certified. For more information about Aon, please visit www.aon.ro.

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