At-Bay

Your data's worth more than you think. To hackers, it's a cool $1.26 million. That's the average ransom demand in 2023. Ouch. But you don't have to play their game. From taking preventative security measures to savvy backups to cyber insurance, we've got insider tips to help you understand ransomware so you can keep your systems safe. Dig in here - https://lnkd.in/e2H6xr_V

We are thrilled to announce Rotem Iram, CEO and Co-Founder of At-Bay as the keynote speaker for Zywave’s Cyber Risk Insights Conference – NYC on Wednesday, November 6.     Before founding At-Bay in 2016, Iram was the Managing Director and Chief Operating Officer at K2 Intelligence, a leading global risk management firm. He began his career as a captain in Unit 8200 of the Israeli Intelligence Corps and was a consultant at McKinsey & Company. Iram holds an MBA from Harvard Business School.    Don’t miss your chance to attend this acclaimed event. Take advantage of Early Bird pricing when you register now. ➡ https://lnkd.in/gPASDsXJ #CyberRiskNYC2024 #Zywave #InsuringGrowth

Security leaders, take note: The most mature organizations are embracing #InsurSec. A new Omdia study surveyed 400+ security leaders and found respondents are both investing in proactive security and using cyber insurance to drive security investments. - 72% of security leaders view cyber insurance as critical or important to their organization - 43% report cyber insurance requirements as a major or leading driver of cybersecurity spend - 83% want proactive security solutions combined into a single unified platform Let’s face it: Insurance and security are just better together. According to Omdia analyst Andrew Braunberg, there's a "powerful emerging option to partner with an InsurSec provider to optimize risk reduction and technology performance." Dive into Omdia's independent research and discover how you can accelerate your security maturity. #protip: At-Bay Stance gives you a unified security platform for proactive end-to-end protection. That's the power of #InsurSec. https://lnkd.in/gh_B6kzz

A staggering $10 billion was lost to financial fraud in 2023, with 2.6 million cases reported. 😱💸 As fraud tactics evolve, protecting your business is crucial. Cyber insurance can be a key defense, covering losses including fraud, cyber extortion, data breaches, and more. 🛡️🔍 Want to know what to look for in a policy? Swipe through our carousel below for essential elements to consider when choosing cyber insurance. Or dig into the full blog here: https://lnkd.in/g4TUpZNk

Our West Coast Underwriting and Partnerships teams took "touching base" to a whole new level, hosting brokers at iconic Dodger Stadium and Oracle Park. 🏟️⚾ While the players were catching fly balls, we were catching up with our fantastic brokers. Who says you can't mix business with baseball? We covered all the bases, from cyber risks to policy plays, while enjoying America's favorite pastime. Here's to strengthening partnerships, one ballpark at a time!

Heading to the WSIA Annual Marketplace? Make sure to carve out some time to meet our Underwriting leadership team: ⭐️ Ken Riegler, President of At-Bay Insurance ⭐️ Kristie Felton, Head of Insurance ⭐️ Scott Gold, Head of Field ⭐️ James Riviezzo, Head of National Broker Relations They’re ready to share insights, discuss trends, and connect with fellow industry leaders. Don’t miss the opportunity to catch up and see how At-Bay is shaping the future of insurance! Reach out to them directly to set up time. 👇📧 #WSIAMarketplace #WSIA2024

When it comes to ransoms, they can be negotiated down. Especially when you have the right team of experts on your side. We examined a year's worth of claims and cybercrime data for our 2024 InsurSec report and found: 🟡 Attackers demanded an average of $1.26M per incident. 🟡 Ransom payments are negotiated down by 77% for At-Bay policyholders 🟡 The average ransom amount paid was $282,000 These results underscore the invaluable role our dedicated claims professionals play in mitigating cyber threats. 🏆 Their deep expertise, rapid response times, and unwavering commitment to our policyholders make all the difference when it matters most.

At-Bay is Vegas-bound for InsureTech Connect 2024! 🎲 Our team, including Jefferey Lai, RPLU and James Riviezzo, are ready to share cyber insurance insights that are more valuable than a royal flush. 🗓️ October 15-17  🌆 Mandalay Bay, Las Vegas Don't leave your #ITC experience to chance. Book a meeting with us and stack the odds in your favor for meaningful conversations and potential collaborations. After all, what happens in Vegas... could revolutionize your approach to InsurSec. 😉 Schedule time here:  https://lnkd.in/g-KsW_Ga

Excited to announce At-Bay has been recognized on Inc. Magazine's list of America's fastest-growing private companies! This award is a testament to our team's relentless innovation and the trust our brokers and customers place in us. Out of 5,000 companies, we ranked #198, with a three-year revenue growth rate 10x higher than the median growth rate of all the companies on the list this year. Our expanding customer base, now approaching 40,000 mid-sized and small businesses, reflects the increasing demand for InsurSec, providing end-to-end cyber prevention and protection in today's digital landscape. To our incredible At-Bay team members: Your hard work and dedication make the impossible possible every day. This one's for you. 👏👏

When our Chicago Underwriting team isn’t crunching numbers, they’re rolling up their sleeves for a paws-itive cause! 🐾 On volunteer day at the PAWS Chicago Medical Center, they put in some serious elbow grease to provide loving care to animals in need. From cleaning to cuddling, their dedication helps ensure these furry friends get the best care possible.