208 words…about a minute read

What’s new: As organizations navigate systemic and third-party risks, partnering with the insurance industry is crucial for accessing the right capital and safeguarding against volatility. The latest episode of the On Aon podcast focuses on the findings from Aon’s Global Cyber Risk Report and the increasing financial and reputational stakes of cyber risk. We also discuss the rise in cyber incidents, the importance of resilience planning and the role of AI in enhancing threat detection and incident response.

Experts in this episode:
Nancy Eaves — Product Leader, Cyber Solutions, Aon (Host)
Brent Rieth — Global Cyber Leader, Cyber Solutions, Aon
David Molony — Head of Cyber Solutions EMEA, Aon

Key Takeaways:

1. Threat actors are using AI to scale attacks like phishing and ransomware, while organizations are deploying AI to improve detection, response and risk quantification.
2. Cybersecurity has become a board-level priority, with executives embedding it into enterprise risk management due to its material impact.
3. Global regulatory developments are encouraging greater transparency in cyber incident reporting, reducing reputational stigma and enhancing collective defense.
4. Despite rising claims, cyber insurance pricing has declined thanks to market maturity, improved risk modeling and diversified underwriting strategies.

Listen for more: The “On Aon” podcast is available on Spotify, Simplecast and Apple Podcasts (iTunes)