01
Cyber Attacks / Data Breach
Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.
Industry Overview
Financial Institutions
Building Resilience to Support Growth
Expanding global wealth and advancements in technology provide financial institutions with opportunities to grow in new markets, but also create risk and human capital challenges that require innovative solutions.
From the volatility created by climate change to geopolitical and financial headwinds to significant organizational threats in the form of regulatory pressures, cyber threats and shifting workforce expectations, the pressure is on across the industry.
The key to achieving success will be agility and resilience. Organizations in the industry face the challenge of assessing and managing their approach to both human and operational risk—including, adopting greater agility through innovation, anticipating future exposures and optimizing risk management to create the organizational resilience necessary for growth.
Top 5 Future Risks
Looking ahead to 2024, predicted risks for the financial institutions industry include:
Article
How Banks Quantify Physical Climate Risk
Climate change is getting expensive. According to Aon, 421 notable disaster events last year generated $313 billion in economic loss, of which only $132 billion (42%) was insured loss; and it has never been more important to understand the risk that a changing climate poses today and in the future. Learn more about how banks quantify physical climate risk.
Cyber Labs
Stay in the loop on today's most pressing cyber security matters.
-
Article 13 Min Read
Financially Motivated Criminal Group Targets Telecom, Technology & Manufacturing -
Article 15 Min Read
From Risk to Reward: Turning Data Breaches into Deal Value -
Article 14 Min Read
To Combat Cyber Risk, Businesses Invest in Resilience -
Article 12 Min Read
For Cyber Readiness, the CISO and CRO Join Forces -
Article 19 Min Read
Mitigating Insider Threats: Managing Cyber Perils While Traveling Globally -
Article 38 Min Read
Buyer-Friendly Cyber and E&O Market: How to Take Advantage -
Article 8 Min Read
Managing Cyber Risk through Return on Security Investment -
Article 27 Min Read
Top 5 Cyber Threats To Mergers and Acquisitions -
Article 15 Min Read
Cyber Attacks: How to Rapidly Detect, Respond and Contain Damage -
Article 12 Min Read
Mitigating Insider Threats: Your Worst Cyber Threats Could be Coming from Inside
Environmental, Social and Governance Insights
Explore Aon's latest environmental social and governance (ESG) insights.
-
Article 9 Min Read
ESG Data: How Businesses Can Use Data to Gain an Edge -
Article 12 Min Read
Why ESG Is Even More Important In A Crisis Like COVID-19
Insights for HR
Explore our hand-picked insights for human resources professionals.
-
Article 9 Min Read
COVID-19 has Permanently Changed the Way We Think About Wellbeing -
Article 11 Min Read
DE&I in Benefits Plans: A Global Perspective -
Article 13 Min Read
How Data and Analytics Can Optimize HR Programs -
Article 17 Min Read
Why HR Leaders Must Help Drive Cyber Security Agenda -
Article 10 Min Read
Case Study: The LPGA Unlocks Talent Potential with Data -
Article 16 Min Read
Navigating the New EU Directive on Pay Transparency -
Article 14 Min Read
How to Design Better Talent Assessment to Promote DE&I -
Article 8 Min Read
Training and Transforming Managers for the Future of Work -
Article 10 Min Read
Rethinking Your Total Rewards Programs During Mergers and Acquisitions -
Article 21 Min Read
Building a Resilient Workforce That Steers Organizational Success | An Outlook Across Industries
Navigating Volatility
How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?
More Insights
-
Article 11 Min Read
How Companies Are Using Climate Modeling to Improve Risk Decisions
Climate modeling has been around for decades but mainly used by academic and government scientists. Led by the risk industry, the private sector is adapting these models to broadly assess the physical impacts of climate change.
-
Article 16 Min Read
Navigating the New EU Directive on Pay Transparency
In a move designed to close the gender pay gap, the European Commission is increasing pay transparency across member states. Prepare your firm now for potential implications and opportunities.
-
Article 12 Min Read
How Human Capital Data Enhances Risk Management for Financial Institutions
Financial institutions can weather industry volatility more effectively with enhanced risk management frameworks informed by people data and powered by technology.
