Latest news with #CyberRiskReport
The Sun
a day ago
- Business
- The Sun
Rising AI-Driven Cyber Attacks and Geopolitical Tensions Shaping Asia Pacific Cyber Risk Landscape, Aon study
SINGAPORE - Media OutReach Newswire - 15 July 2025 - Aon plc (NYSE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from its 2025 Cyber Risk Report. The report underscores the increasing complexity of artificial intelligence (AI) driven cyber attacks and the prevalence of geopolitical tensions on cyber risks in the region. This report is based on Cyber Quotient Evaluation (CyQu) scores from 3,226 Aon clients in 2024 across APAC, EMEA, LATAM and North America, which analysed more than 1,400 global cyber events to identify trends in the evolving cyber threat landscape. The CyQu database benchmarks over 10,000 clients and has 20,000 client users. From these insights, the report signals that the APAC region is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents. Geopolitical forces, such as trade tensions, territorial disputes and reconfigurations of the global supply chain, is shaping how APAC companies manage cyber risk. Key Findings: In the APAC region, cyber incident frequency rose 29 percent year-over-year and up 134 percent over the past four years (2020-2024). There was a 22 percent rise in cyber insurance claims notifications in 2024. The rise in AI-driven deepfake attacks resulted in a 53 percent increase in social engineering incidents year-over-year. Claims involving social engineering and fraud increased by 233 percent. Of the 1,414 global cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant public attention. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent. Globally, malware and ransomware attacks were ranked most likely to trigger reputational damage, accounting for 60 percent of all reputation risk events, despite making up only 45 percent of total cyber incidents. 'In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure,' said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. 'As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions.' Aon's 2025 Cyber Risk Report draws on proprietary data from the firm's CyQu platform, a patented global e-submission tool that streamlines the cyber insurance intake process and empowers organisations with actionable insights into their cyber exposures and insurability, helping to strengthen both underwriting outcomes and cyber risk management strategies. The APAC insights from the Aon's 2025 Cyber Risk Report can be found here. Hashtag: #Aon The issuer is solely responsible for the content of this announcement.
Malay Mail
2 days ago
- Business
- Malay Mail
Rising AI-Driven Cyber Attacks and Geopolitical Tensions Shaping Asia Pacific Cyber Risk Landscape, Aon study
In the APAC region, cyber incident frequency rose 29 percent year-over-year and up 134 percent over the past four years (2020-2024). There was a 22 percent rise in cyber insurance claims notifications in 2024. The rise in AI-driven deepfake attacks resulted in a 53 percent increase in social engineering incidents year-over-year. Claims involving social engineering and fraud increased by 233 percent. Of the 1,414 global cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant public attention. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent. Globally, malware and ransomware attacks were ranked most likely to trigger reputational damage, accounting for 60 percent of all reputation risk events, despite making up only 45 percent of total cyber incidents. SINGAPORE - Media OutReach Newswire - 15 July 2025 - Aon plc (NYSE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from its 2025 Cyber Risk Report . The report underscores the increasing complexity of artificial intelligence (AI) driven cyber attacks and the prevalence of geopolitical tensions on cyber risks in the report is based on Cyber Quotient Evaluation (CyQu) scores from 3,226 Aon clients in 2024 across APAC, EMEA, LATAM and North America, which analysed more than 1,400 global cyber events to identify trends in the evolving cyber threat landscape. The CyQu database benchmarks over 10,000 clients and has 20,000 client these insights, the report signals that the APAC region is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents. Geopolitical forces, such as trade tensions, territorial disputes and reconfigurations of the global supply chain, is shaping how APAC companies manage cyber Findings:"In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure," said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. "As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions."Aon's 2025 Cyber Risk Report draws on proprietary data from the firm's CyQu platform, a patented global e-submission tool that streamlines the cyber insurance intake process and empowers organisations with actionable insights into their cyber exposures and insurability, helping to strengthen both underwriting outcomes and cyber risk management APAC insights from the Aon's 2025 Cyber Risk Report can be found here Hashtag: #Aon The issuer is solely responsible for the content of this announcement. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here
Zawya
2 days ago
- Business
- Zawya
Rising AI-Driven Cyber Attacks and Geopolitical Tensions Shaping Asia Pacific Cyber Risk Landscape, Aon study
SINGAPORE - Media OutReach Newswire - 15 July 2025 - Aon plc (NYSE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from its 2025 Cyber Risk Report. The report underscores the increasing complexity of artificial intelligence (AI) driven cyber attacks and the prevalence of geopolitical tensions on cyber risks in the region. This report is based on Cyber Quotient Evaluation (CyQu) scores from 3,226 Aon clients in 2024 across APAC, EMEA, LATAM and North America, which analysed more than 1,400 global cyber events to identify trends in the evolving cyber threat landscape. The CyQu database benchmarks over 10,000 clients and has 20,000 client users. From these insights, the report signals that the APAC region is experiencing significant growth in cyber claims notifications, driven by the rising frequency and sophistication of cyber incidents. Geopolitical forces, such as trade tensions, territorial disputes and reconfigurations of the global supply chain, is shaping how APAC companies manage cyber risk. Key Findings: In the APAC region, cyber incident frequency rose 29 percent year-over-year and up 134 percent over the past four years (2020-2024). There was a 22 percent rise in cyber insurance claims notifications in 2024. The rise in AI-driven deepfake attacks resulted in a 53 percent increase in social engineering incidents year-over-year. Claims involving social engineering and fraud increased by 233 percent. Of the 1,414 global cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant public attention. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent. Globally, malware and ransomware attacks were ranked most likely to trigger reputational damage, accounting for 60 percent of all reputation risk events, despite making up only 45 percent of total cyber incidents. "In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate grey-zone operations for the purposes of economic coercion, corporate espionage, or to harm regional rivals by targeting strategically important economic infrastructure," said Adam Peckman, head of risk consulting and cyber solutions in APAC and global head of cyber risk consulting at Aon. "As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions." Aon's 2025 Cyber Risk Report draws on proprietary data from the firm's CyQu platform, a patented global e-submission tool that streamlines the cyber insurance intake process and empowers organisations with actionable insights into their cyber exposures and insurability, helping to strengthen both underwriting outcomes and cyber risk management strategies. The APAC insights from the Aon's 2025 Cyber Risk Report can be found here. Hashtag: #Aon The issuer is solely responsible for the content of this announcement. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here. Disclaimer The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. T here can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research. Aon
Cision Canada
17-06-2025
- Business
- Cision Canada
Aon's 2025 Global Cyber Risk Report Reveals Reputation Risk Events Can Reduce Shareholder Value by 27 percent
DUBLIN, June 17, 2025 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, today released its 2025 Cyber Risk Report, revealing that cyber events that cause reputation risks can result in an average of 27 percent drop in shareholder value, highlighting the growing financial and reputational stakes of cyber risk. The findings build on Aon's 2023 research, which showed that major cyber incidents led to an average 9 percent decline in shareholder value over the following year. This year's report goes further, analyzing more than 1,400 global cyber events and identifying which types of attacks are most likely to evolve into reputation risk events and which can be the most damaging when they do. "Cyber risk is no longer just a technology issue — it's a boardroom issue," said Brent Rieth, global cyber leader at Aon. "Our latest research underscores the importance of proactive risk mitigation. Organizations that invest in preparedness and resilience are far better positioned to avoid the reputational and financial fallout that can follow a cyber event." Among the report's key findings: Of the 1,414 cyber events analysed, 56 developed into reputation risk events, which are defined as cyber incidents that attract significant media attention and lead to a measurable decline in share price. Companies affected by these reputation risk events experienced an average shareholder value decline of 27 percent. Malware and Ransomware attacks were the most likely to trigger reputational damage, accounting for 60 percent of all reputation risk events, despite making up only 45 percent of total cyber incidents. Five drivers of value recovery — preparedness, leadership, swift action, communication and change — were identified as critical levers for mitigating reputational fallout. The report also highlights the growing challenge of managing uninsurable risks. While cyber insurance can help transfer some financial exposure, reputation risk remains largely nontransferable, making proactive risk management and crisis response essential. "As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure, stronger alignment between cybersecurity and insurance strategies, and the tools to make better, data-driven decisions. Aon is uniquely positioned to support clients through these challenges," added Rieth. Aon's 2025 Cyber Risk Report draws on proprietary data from the firm's Cyber Quotient Evaluation, a patented global e-submission platform that streamlines the cyber insurance intake process and empowers organizations with actionable insights into their cyber exposures and insurability — helping to strengthen both underwriting outcomes and cyber risk management strategies. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
Techday NZ
30-04-2025
- Business
- Techday NZ
Diligent teams with Cloudflare, Qualys to deliver cyber risk tool
Diligent has announced a partnership with Cloudflare and Qualys to provide a new cyber risk reporting solution designed for boards and both executive and security leaders. The Cyber Risk Report, now available on the Diligent One Platform, integrates Cloudflare's real-time threat intelligence and Qualys' cyber risk surface insights with Diligent's cyber risk dashboard. The solution is intended to provide a holistic, real-time view of the most pressing cyber threats facing organisations and to support strategic decision-making among board members and executives. Brian Stafford, President and Chief Executive Officer of Diligent, said: "In today's complex cyber landscape, boards and executives are demanding faster access to insights. The new Cyber Risk Report provides a holistic view of an organisation's risk posture, mitigating the chance of vulnerabilities to high impact threats. Combined with Diligent's AI-powered risk and governance solutions, this report arms CISOs with the tools for proactive risk management and strong cybersecurity governance." Diligent's recent 2025 What Directors Think report revealed that while 61% of directors acknowledge the strategic risks from cyber threats, nearly 30% of boards still do not receive regular security updates. The report underscores the challenges that security teams face, including an overload of data, constant emergence of software vulnerabilities, and new risks associated with AI tools. The new Cyber Risk Report aims to bridge this gap by merging internal controls data, third-party threat intelligence, and business context into a single, executive-focused resource. Its real-time integrations with Cloudflare and Qualys are designed to remove the need for manual reporting cycles and reliance on spreadsheets, streamlining processes such as control testing, evidence collection, and issue remediation through automation. Grant Bourzikas, Chief Security Officer at Cloudflare, commented: "Severe repercussions of recent attacks, and new threats posed by emerging technologies have moved cyber to the forefront of business leaders' concerns. And while the reckoning that cyber is at the crux of enabling business has finally come, communicating risk clearly, in business terms, is still a major challenge for CISOs. The Cyber Risk Report - underpinned by Cloudflare's telemetry, based on our global network that's one of the largest in the world - will enable security leaders to pinpoint exact relevant issues, overlay them with comprehensive context and ultimately provide clarity to the board on the overall state of your organisation's resilience." The development of the Cyber Risk Report included feedback from more than 50 chief information security officers and board members. The report offers features such as built-in trend analysis, peer comparisons, and intuitive dashboards, designed to help CISOs prioritise vulnerabilities according to their business impact and convey actionable recommendations to boards. The collaboration allows integration of technologies from both Cloudflare and Qualys into the Diligent One Platform and is intended to provide a basis for future cyber security solutions. Rich Seiersen, Chief Risk Tech Officer of Qualys, said: "CISOs don't need more dashboards; they need a smarter, business-focused strategy. At Qualys, we help our customers be more effective at measuring, communicating and eliminating their cyber risk with the Risk Operations Center (ROC). Together with Diligent and Cloudflare, we're redefining how cyber risk is communicated to the board, translating technical data into the financial language of business - dollars and cents. At the same time, we're empowering CISOs with clear, actionable insights to manage their risk surface, drive down risk, boost efficiency and elevate security as a true business enabler." The partnership is expected to address the ongoing challenges faced by security teams in translating technical cyber risk data into information that is meaningful for business and board-level decision-making.
