Intangible vs. Tangible Talk vs. Action What Next? Intangible and tangible assets have similar value, Cyber risk is frequently discussed and often Cyber risks should be managed in a similar way to but losses have unequal expected impact, likelihood experienced, but limited action is being taken tangible risks including assessing the potential and coverage financial statement impact
Similar asset value A discussed priority 1 Collaborate across
Total value $845m USD 872m 38% Rank cyber a risk, finance, IT & legal top 5 risk Probable maximum $638m USD 615m loss 46% Expect cyber exposures to increase Intangible Tangible 2 Formal assessment assets assets of all potential cyber exposures
And larger impact & likelihood And losses are occurring
Impact of business $103m 3 Risk quantification, disruption 38% Experienced a material or tailored to your business $168m 1.5% significant loss Likelihood of loss 4.7% Tangible $1.1m Average loss value assets 4 Strategy for risk management, Intangible mitigation or transfer assets But limited action But less insurance cover 44% Lack formal cyber risk assessment Visit www.aon.co.uk to learn more or download Proportion of 11% the full 2015 EMEA Cyber Impact Report potential loss 79% No Cyber insurance Source: Research independently conducted by Ponemon covered by 49% cover insurance Intangible Institute LLC and commissioned by Aon Risk Solutions. assets 37% No financial Research explored financial statement exposure of Tangible statement disclosure intangible vs. tangible assets. assets of cyber losses Values are in USDm