RHEA Group partners with Aon Italy for Quantifying and Managing Cyber-Risk
Cyber-risk is more complex and potentially dangerous than traditional risk, and this is forcing insurance companies and their clients to find a reliable approach to cybersecurity. Today’s cyber-risk assessment method, which is mainly qualitative and not technical enough, is falling short on completely mitigating cyber-threat.
The reality is that mitigating cyber-risk requires a deep technical diagnostic, linked to realistic and quantitative business impact analysis. The partnership between Aon and RHEA Group brings a revolutionary approach to the subject.
Aon’s expertise in insurance and risk assessment will be complemented by RHEA Group’s technical background on cybersecurity. Integrated teams from both companies will assess and quantify the risk associated with complex IT infrastructures using the PSEC® tool, a non-invasive diagnostic system developed by RHEA Group.
PSEC® allows an automated, full-scale mapping of vulnerabilities and related potential cyber-threats affecting a company’s IT infrastructure, evaluating and quantifying the relevant impacts on core business processes and eventually identifying the most available mitigation actions.
“PSEC® is unique because it allows for a quantitative analysis of the cyber-risk associated with any IT infrastructure. These capabilities are exclusive to RHEA Group and complement those of Aon, allowing the company to reinforce their offer to clients with a profound technical understanding of cyber-risk and the possibility to precisely quantify the risk based on hard facts,” said Mario Bizzi, Managing Director of RHEA System SpA.
The partnership has kicked off with several meetings with clients in various business sectors, to demonstrate the capabilities of the integrated approach and the new PSEC® platform. In the coming months, several companies will start with the cyber-risk assessments. “We have had numerous meetings with clients, and their reactions couldn’t have been more positive. The partnership with Aon has proved that we are on the right path for extending RHEA Group security methodologies and quantitative risk assessment solutions to protect companies in all sectors,” concluded Bizzi.
Aon is a leading global professional services firm providing a broad range of risk, retirement and health solutions. With over 50,000 employees in 120 countries, the company empowers results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
About RHEA Group
With 25 years of experience in the professional engineering service market, RHEA Group is a leading provider of security services, engineering solutions, and system development. The company is at the forefront of physical security, cybersecurity and critical infrastructure protection, with clients including the European Space Agency (ESA), NATO, the European Commission, and the Government of Canada among others.
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