Cyber risk in EMEA

Is your cyber risk approach ahead of the curve?

Intangible vs. Tangible Talk vs. Action What Next?
Intangible and tangible assets have similar value, Cyber risk is frequently discussed and often Cyber risks should be managed in a similar way to
but losses have unequal expected impact, likelihood experienced, but limited action is being taken tangible risks including assessing the potential
and coverage financial statement impact

Similar asset value A discussed priority 1 Collaborate across

Total value $845m USD 872m 38% Rank cyber a risk, finance, IT & legal
top 5 risk
Probable maximum $638m USD 615m
loss
46% Expect cyber
exposures to increase
Intangible Tangible 2 Formal assessment
assets assets of all potential cyber exposures

And larger impact & likelihood And losses are occurring

Impact of business
$103m 3 Risk quantification,
disruption 38% Experienced a
material or tailored to your business
$168m 1.5% significant loss
Likelihood of loss
4.7% Tangible $1.1m Average loss value
assets 4 Strategy for risk management,
Intangible mitigation or transfer
assets
But limited action
But less insurance cover 44% Lack formal cyber
risk assessment Visit www.aon.co.uk to learn more or download
Proportion of 11% the full 2015 EMEA Cyber Impact Report
potential loss 79% No Cyber insurance
Source: Research independently conducted by Ponemon
covered by 49% cover
insurance Intangible Institute LLC and commissioned by Aon Risk Solutions.
assets 37% No financial Research explored financial statement exposure of
Tangible statement disclosure intangible vs. tangible assets.
assets of cyber losses Values are in USDm