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Imagine your job is to solve a jigsaw puzzle. But instead of a definitive set of tiles coming together to complete a set picture, the puzzle is constantly changing as you attempt to complete it. This is what it's like for professionals in the property & casualty insurance industry who attempt to manage cyber threats. There are countless known cyber risks. But as technology changes, new risks emerge. It's the ultimate puzzle. Aon's latest report emphasizes just how much of a puzzle cyber really is. While many cyber risks are known and discussed at great length around the industry, "Solving the Cyber Puzzle: The Unexpected Ways Cyber Risk Impacts Your Business" focuses on ways that cyber risk impacts clients in six less-discussed areas: intellectual property, mergers and acquisitions, retirement, executives, computer crime and the corporation. "Solving the cyber puzzle requires a tactical mix of technology, people and process in the form of assessment, quantification, insurance and incident response readiness," writes Jason Hogg, CEO of Aon's cyber solutions. The slideshow above illustrates how Aon views the puzzle that is today's cyber risk, how it affects clients in six specific areas, and what the playbook to solving each issue might look like. Related:
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