Cyber insurance can be a major factor in how your business survives after dealing with a cyber incident. However due to common misunderstandings, cyber insurance is still an area that businesses have yet to take full advantage of.

Chris McLaughlin leads the AON Cyber Solutions Group, working with Michael Parrant who is the Cyber Insurance Practice Leader at AON. Listen to learn more about what cyber insurance actually covers, what the consequences are and how to make it work for you.

Cyber in Business is powered by CTRL Group:

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Learn more about AON’s Cyber Solutions:

https://www.aon.com/cyber-solutions/solutions/cyber-insurance/

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0:52 What made you move from cybersecurity into cyber insurance?
2:47 What is an example of a hack where the business didn’t have cyber insurance? How did it impact the business?
4:18 Why do you think businesses are choosing not to get cyber insurance?
8:37 What support do businesses get when they purchase cyber insurance from AON?
11:58 What are the mechanics of measuring the amount that you have to pay for cyber insurance?

13:13 How do you really know the risk profile of a business?

17:33 What is the most common oversight businesses make to jeopardise their security?

19:05 Do you have a metaphor you use for your clients to help them understand the importance of cyber insurance?

20:22 How do you encourage small businesses to get cyber insurance?

23:03 What do you foresee for the future of cyber insurance?