At-Bay

🔥 Now Available: At-Bay’s 2025 InsurSec Report 🔥 We examined a year’s worth of claims and cybercrime data to better understand the changing threat landscape,  and what that means for businesses, brokers, and the security industry. Download your report to learn: 📈 What’s behind a 16% increase in claim frequency – marking the second year in a row of increases. 🖥️ Why remote access continues to be the #1 entry vector for ransomware attacks, accounting for 80% of all ransomware claims. 🎯 How mid-sized companies generating $25-$100M in revenue are becoming an attacker sweet spot, seeing a 46% increase in ransomware claim frequency and 47% increase in ransomware severity. 💥 Why the blast radius of ransomware continues to grow as businesses impacted by attacks on vendors and partners once again increased. ✉️ The continued prevalence of email-based financial fraud and its impact on businesses, with the most severe incidents to the tune of $5.2M stolen. We break down all of this and more, by attack type, entry vector, industry, and revenue band. Get the report for all the insights: https://lnkd.in/g75kntKF

The most expensive cyber incidents don’t start with email. They start inside your network. Email may be the most frequently exploited entry point, but incidents that begin with corporate systems like VPN, RDP, or other remote access tools have 2.4x higher severity than average. These tools are also the most common entry vector for ransomware, which remains the costliest type of cyber incident. When attackers get in through a corporate system, it might mean there’s an unpatched vulnerability or misconfiguration — and potentially more vulnerabilities hidden inside the perimeter. That’s how ransomware spreads faster, stays undetected longer, and causes more damage. 🔍 More insights in our 2025 InsurSec report: https://lnkd.in/g75kntKF

The kickoff of RIMS RISKWORLD™ 2025 in #Chicago is just around the corner - and At-Bay is putting the final touches on our schedule of events and meetings. 🗓️ Our team would be thrilled to earn time on your calendar to meet and share more about how we combine enterprise-grade security with world-class insurance to empower every business - big or small - to better manage and mitigate #cyber risk. At-Bay delegates attending RIMS RISKWORLD™ 2025 include: ✅ Ken Riegler - President, At-Bay Insurance ✅ James Riviezzo - Head of National Broker Relations ✅ Ryan Aussicker - Head of Middle Market Underwriting Reach out today - or use the link in comments to secure time with At-Bay today! #cybersecurity #cyberinsurance #cyberrisk #cyberbreach #insurance #brokers #CISO #RiskManager #InsureSec

We’re heading to San Diego for NetDiligence® Cyber Risk Summit West! From May 13-15, our very own Sandy Perdiguerra and Julia V. will be on site, connecting with industry peers and diving into the latest cyber risk trends. If you’ll be there too, let's find time to connect – whether it’s to talk underwriting, risk mitigation, or what’s next in cyber insurance. See you there! 🌴 #CyberRiskSummit

Remote access tools are still opening doors — to ransomware. In our latest research, we found that 80% of direct ransomware incidents began with tools like VPNs, RDP, and other remote access methods. That’s a sharp rise from 63% in 2023. The risk is especially high for companies still relying on legacy platforms like on-prem Microsoft Exchange or VPN appliances from Cisco, Citrix, SonicWall, and Fortinet. These systems continue to be prime targets for attackers. Some organizations have made the switch to more secure alternatives—but those who haven’t are increasingly in the crosshairs. 📊 More insights in our full report: https://lnkd.in/g75kntKF

Uncovering cyber risks can feel like hunting for that last hidden Easter egg, frustrating, time-consuming, and always trickier than expected. But the right approach makes all the difference. With every Cyber or Tech E&O policy placed by At-Bay, policyholders have access to At-Bay Stance, our unified security platform, that helps businesses proactively identify and mitigate cyber risk. These Stance offerings, worth an estimated value of up to $72,000/year, include: ▷ Attack Surface Monitoring: Continuous monitoring of potential vulnerabilities ▷ Cyber Advisory Services: Access to expert guidance and vCISO services, including vulnerability assessments to uncover security gaps before attackers do. ▷ Fraud Defense: Email fraud monitoring to identify and prevent modern email attacks ▷ And more… This is InsurSec in action: Bringing insurance and security together for end-to-end prevention and protection. While you're focused on perfecting your egg-dyeing skills (because priorities), we’ll help keep cyber risks in check. 🌸🥚 Access to certain At-Bay Stance offerings are available via the Embedded Security Fee and corresponding Endorsement. Please refer to the policy form for additional information. Estimated value of referenced At-Bay’s Stance offerings is based on At-Bay’s market assessment. Eligibility, rules, and limitations will vary. At-Bay Insurance Services, LLC | CA License #0L73812

Underwriting complex middle-market risks takes a sharp analytical mind, deep industry expertise, and a creative approach to problem-solving. Fortunately, Trisha Reyes, AVP, has all three. 😎 In our latest Underwriter Spotlight, Trisha shares how her actuarial background and E&O experience help her craft tailored solutions for businesses with evolving risks. She also dives into the impact of At-Bay’s InsurSec approach, the value of proactive risk prevention, and what brokers should know about our underwriting capabilities. Explore how Trisha is helping clients stay ahead of risk in a rapidly changing world: https://lnkd.in/g82umFmQ

We’re excited to share that At-Bay is a finalist for Zywave's 2025 Cyber Risk Awards in two categories! ⭐ Cyber Insurer of the Year ⭐ Cyber Safety & Loss Control Team of the Year This nomination reflects the strength of our underwriting, security, and claims teams – and the power of our InsurSec approach. From our commitment to helping businesses reduce cyber risk to supporting policyholders through complex incidents, we’re proud to be recognized for redefining cyber insurance. 🗳️ Voting is open until Friday, May 23 at 11:45 PM ET:
https://lnkd.in/e7MwEFWE #CyberRiskAwards2025

The kickoff of RIMS RISKWORLD™️ 2025 in Chicago is just around the corner - and At-Bay is putting the final touches on our schedule of events and meetings. We would be thrilled to meet with you and your team to share how we combine enterprise-grade security with world-class insurance to empower every business - big or small - to better manage and mitigate cyber risk. At-Bay delegates attending RIMS RISKWORLD™️ 2025 include: 👉 Ken Riegler - President, At-Bay Insurance 👉 James Riviezzo - Head of National Broker Relations 👉 Ryan Aussicker - Head of Middle Market Underwriting Our innovative InsurSec approach has been recognized across the industry, including being named to the Forbes Fintech 50 list and the Fortune Cyber 60 list for 2025. We would love to share how InsurSec can lead to better outcomes for you and your clients at RIMS!

From Risk & Insurance covering our 2025 InsurSec Report: “As businesses navigate this complex landscape, At-Bay’s message is clear: technology choices matter, security controls work when properly implemented, and both direct and indirect risks require careful management to minimize potential losses in an increasingly interconnected digital ecosystem.” Couldn’t have said it better. Get the full article and report, links in comments.