Global professional services firm Aon has launched a new capability called CyQu Marketplace as part of its cyber risk offering to assist businesses in translating cyber risk insights into actionable steps.
The new capability has been designed to help businesses act on cyber risk assessment findings by connecting them with cybersecurity service providers and potential mitigation solutions to identify control gaps.
It enables businesses to swiftly transition from identifying cyber vulnerabilities to prioritising and addressing the areas that could have the greatest impact on their cyber resilience.
Additionally, it offers organisations a structured framework to demonstrate risk improvement efforts and progress to insurers as part of the underwriting process.
“Businesses today have greater access to cyber information than ever before, but many still face challenges turning those insights into action,” said Brent Rieth, Global Cyber Leader, Aon.
“As cyber threats continue to evolve, determining where to focus resources and which actions will have the greatest impact on reducing risk and supporting broader risk financing objectives has never been more critical. CyQu Marketplace helps clients prioritize risk improvement efforts, make more informed cybersecurity investment decisions and better demonstrate cyber maturity to insurers.”
Aon’s new capability arrives as cyber risk remains a top global concern for organisations.
The company’s Global Risk Management Survey ranked cyber risk first globally, projected through 2028. It also highlighted a 53% surge in social-engineering incidents and a 233% increase in fraud claims, driven by AI threats like deepfakes.
CyQu Marketplace helps to bridge that gap, the firm noted, and enables clients to identify potential risk improvement opportunities based on assessed cyber exposures and security control gaps
As well as to access prioritised cybersecurity services to address risks and boost resilience, and demonstrate cyber maturity and risk improvement efforts to support insurer engagement and underwriting discussions.
