At-Bay

At-Bay has been shortlisted for Zywave's Cyber Safety & Loss Control Team of the Year Award. If our team has helped you – or your clients – navigate and reduce cyber risk, we’d be honored to have your vote. 🗳️ Voting closes this Friday: lnkd.in/e7MwEFWE

Phil Iordanou knows that great underwriting starts with strong relationships and a clear understanding of risk. In the latest edition of our Underwriter Spotlight Series, we’re thrilled to feature Phil, our new Head of Miscellaneous Professional Liability. With a background that spans hospitality and insurance, Phil brings a unique perspective to underwriting — one that’s grounded in building strong relationships and adapting to complex risks with creativity and care. In the interview, Phil talks about the power of At-Bay’s technology, common MPL misconceptions, and how he turns underwriting challenges into opportunities to connect more deeply with brokers. Plus, a glimpse into his roots — and how they still shape his perspective today. 👉 Read the full interview: at-bay.com/articles/under…

We’re excited to join the WTW Women in Cyber Insurance Conference — and proud to have At-Bay’s Madison Williamson speaking alongside industry leaders. She’ll reflect on the challenges and opportunities that have shaped her path to leadership in cyber, drawing from her own experience in the industry.

Cyber incidents don’t just disrupt operations – they disrupt customer trust. As Adam Tyra, CISO for Customers, At-Bay, recently explained, the impact of a cyberattack can ripple far beyond the initial downtime. Take the CDK Global outage: car buyers who couldn’t complete purchases at affected dealerships likely went elsewhere – and they may never come back. That’s not just a one-time lost sale. It’s lost future service revenue. Lost loyalty. Lost relationships. When evaluating cyber risks, it’s not just about recovery costs. It’s about protecting your long-term reputation and customer base. At At-Bay, we help businesses do just that. With proactive risk monitoring, tailored cyber insurance, and expert incident response to reduce the impact of attacks and help keep customers where they belong: with you.

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: at-bay.com/2025-insursec-…

We’re heading to San Diego for NetDiligence® Cyber Risk Summit West! From May 13-15, our very own Sandy Perdiguerra and Julia Verdi 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

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

Cybercriminals aren’t just hacking computers — they’re hacking people. And the financial consequences are growing. 🔹 Email fraud is now the #1 driver of cyber losses, surpassing phishing. 🔹 Even companies using best-in-class security tools saw email-related incidents rise 48% from 2021 to 2023. 🔹 These attacks don’t rely on malware or malicious links, meaning traditional defenses aren’t stopping them. If your email security strategy is still focused on catching phishing attempts, you may already be a step behind. Our latest claims data reveals what’s really happening, and what businesses must do next. 📖 Read the full breakdown by Adam Tyra: at-bay.com/articles/risin…

At At-Bay, we believe cyber insurance should do more than just react to incidents – it should help prevent them. That’s what sets our InsurSec approach apart. Trisha Reyes, AVP, Underwriting at At-Bay, breaks down how we combine security and insurance to give brokers and their clients an edge. Whether it's offering enhanced financial fraud sub-limits to eligible businesses that adopt Fraud Defense or developing tailored risk management solutions, we don’t just provide coverage, we help businesses stay ahead of risk. Read more about Trish’s take on how At-Bay’s InsurSec approach benefits brokers and their clients in her full spotlight here: at-bay.com/articles/under…

💰 $219,000 gone in an instant. Cyber intrusions leave behind a trail of evidence including log entries, signatures, and forensic breadcrumbs that take time to execute and investigate. Financial fraud? That money is gone in a flash. According to Adam Tyra, CISO for Customers at At-Bay, the average cost of financial fraud incidents has climbed to $219,000. Unlike cyberattacks that take time to unfold, financial fraud can happen in an instant, often before anyone realizes it’s happening. That’s why businesses need proactive protection. At-Bay’s InsurSec solution goes beyond traditional coverage, combining security expertise with insurance to help businesses mitigate risk before an incident occurs. Financial fraud may be insidious, but with the right defenses in place, it doesn’t have to be inevitable.

Exciting news! At-Bay is proud to be recognized once again on the @Inc Magazine Regionals list. Growth in today’s market is no small feat, and we believe our commitment to InsurSec is what keeps us moving forward. By combining insurance and security, we help businesses stay ahead of cyber risk in an ever-changing landscape. This approach not only strengthens our customers but also fuels our continued success. A huge thank you to our team, partners, and customers for being part of the journey. We are just getting started. 👏 #IncRegionals

Backing up your data isn’t just a good idea, it’s a business necessity. And yet, too many companies put it off until disaster strikes. 💣 This World Backup Day, consider this your reminder: Back it up. Because in cybersecurity, it’s not if you’ll need a backup, but when. And according to our claims data, businesses that could successfully restore from backups were more likely to see better outcomes when it comes to paying ransoms. #WorldBackupDay

Basketball and brokers—a match made in hoops heaven! 🏀❤️ Our Slam Dunk Social at The Bandit in Chicago was nothing short of legendary. Celebrating the first round of March Madness with our amazing broker partners was the perfect way to kick off the tournament. Thanks for joining us on this fast break of fun and networking to talk cyber risk and InsurSec! 🥳 See you at the next one?

Email security threats have changed, but many defenses haven’t. As Travis Mercier, Head of Managed Detection and Response at At-Bay, explains, traditional email security was built to stop ransomware, data theft, and extortion – attacks that relied on malicious links and known bad URLs. But today’s attackers are using generative AI to create sophisticated financial fraud campaigns that don’t trigger traditional security filters. Without bad links or suspicious attachments to detect, these AI-driven attacks slip through, creating a growing security gap that legacy solutions weren’t designed to handle. And since 2023, that gap has only widened. It’s time to rethink email security. Watch Travis break it down and learn more about staying ahead of modern threats.

A single email. One request. And just like that, the money is gone. While ransomware may make the headlines, financial fraud is the most common threat businesses face every day. Financial fraud isn’t just fast — it’s relentless. As Adam Tyra, CISO for Customers at At-Bay, explains, all it takes is one well-timed email to drain millions, with little chance of recovery. For small businesses, that kind of loss can be devastating. That’s why businesses need more than just email security. With At-Bay Stance Fraud Defense and MDR for Email, we combine AI-driven protection with 24/7 monitoring to catch fraud before it happens, helping businesses stay secure and potentially unlock better coverage.

Email security tools are catching phishing attempts, but more sophisticated tactics are slipping through the cracks. Attackers are now targeting people, not just systems, and businesses are paying the price. At-Bay’s latest claims data shows a 48% rise in email-related cyber incidents from 2021 to 2023, with financial fraud driving 61% of losses. These attacks don’t rely on malicious links or attachments, making them harder to detect with traditional tools. Adam Tyra, At-Bay’s CISO for Customers, explains why businesses need a new approach to email security and how MDR for Email can help. Read the full blog to learn more 👉 at-bay.com/articles/risin…

Let’s break it down. MDR for Email isn’t just another security tool, it’s AI-powered, 24/7 protection with real experts monitoring your inbox for anomalies and threats. Here’s why that matters: 🔹 Detect – AI finds the threats your secure email gateway might miss. 🔹 Respond – Security experts work around the clock to shut down phishing and fraud attempts. 🔹 Protect – Less risk, fewer security alerts, and stronger defenses against costly attacks. Email is the #1 way cybercriminals get in. MDR for Email makes sure they don’t. Learn more: at-bay.com/mdr/email/

Email fraud is costing businesses billions. Last year alone, businesses lost $2.7 billion to email fraud that led to stolen funds, compromised accounts, and shattered trust. 🤯 Email fraud isn’t just a risk to data; it can drain revenue, erode trust, and threaten your entire business. That’s why we built At-Bay Stance Fraud Defense and MDR for Email. These solutions go beyond standard email security: Powered by AI and 24/7 monitoring, they don’t just stop fraud, they can help customers unlock up to $1 million in financial fraud sub-limits—a perfect example of #InsurSec in action. Email security is business security. Let’s take it seriously. Learn more 👇 at-bay.com/press_releases…

Nothing beats a night of hockey and great company! 🏒 We had an incredible time, catching the Predators game and connecting with brokers from Amwins, Arthur J. Gallagher, Bailey Special Risks, Bridge Specialty, Burns & Wilcox, CRC, Marsh. Events like these aren’t just about the game, they’re about building relationships and sharing insights that help us all stay ahead in cyber risk. Thanks to everyone who joined us for an unforgettable night! Until next time.

We analyzed 55,000+ policy years of data to uncover key trends in email cybercrime and financial fraud. The results? Eye-opening. 🔷 Email claims jumped 24% in 2023—impacting businesses of all sizes. 🔷 90% of SMB financial fraud claims started with email, costing $219K on average. 🔷 Google Workspace users had 3X fewer incidents than Microsoft 365 users. 🔷 Mimecast customers saw the best outcomes of all SEG users, with 37% fewer incidents than average. 🔷 Business Email Compromise was behind 63% of financial fraud claims. 🔷 Real estate took the hardest hit, with $434K stolen per financial fraud incident. Get the full report for detailed insights - at-bay.com/2024-insursec-…