Aon boosts its technical cyber consulting capabilities with new hire

The security architecture and risk quantification leader joins from Commonwealth Bank

Aon boosts its technical cyber consulting capabilities with new hire

Cyber

By Mina Martin

Global brokerage Aon has appointed Lucas Roe as security architecture and risk quantification leader under its recently established cyber solutions group, which brings together cyber consulting and insurance solutions to meet the evolving risk needs of Aon’s clients in Australia.

Based in Aon’s Sydney office, Roe will help build out the company’s technical cyber consulting capabilities to enable the delivery of differentiated services in the market, such as security architecture and engineering, cyber risk quantification, cloud security, and security operation centre optimisation.

Roe was most recently principal security architect at Commonwealth Bank where he was responsible for developing security services, protecting digital channels, customer data, retail products, and supporting special projects.

“I look forward to assist in building on Aon’s capabilities through the expansion of our global offering into the Australian market, growing the local team and developing additional technical security solutions,” Roe said. “It is exciting to see a firm like Aon investing in cyber risk capability. By elevating the depth and breadth of our cyber solutions and services, Aon is well positioned to assist clients with structured crisis response plans to mitigate further loss and returning to ‘business as usual’.”

Chris McLaughlin, director of Aon’s cyber solutions group, underlined the need for “effective network, data security, and privacy systems, and cyber insurance coverage” in an era of widespread and continual transformation, especially considering “recent changes to privacy laws, along with social media and heightened media attention towards breaches.”

In its latest Cyber Insurance Market Insights report, Aon noted the significant rise in cyber claims, both in Australia and around the globe, with cyberattacks emerging as the major cause of business interruption. Aon said Australia is starting to witness large losses being paid under cyber policies due to the speed at which business interruption losses are arising, a growing sample set of large cyber losses across multiple industries, and the continued and unrelenting prevalence of ransomware and phishing attacks.

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