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VendorsAt-Bay

At-Bay

Cybersecurity reports and statistics published by At-Bay

8 categories2 reports

Recent Statistics & Reports

Third-party liability claims jumped 70% in 2025.

5/27/2026
Third-party LiabilityCyber ClaimCyber Insurance

Claim frequency rose 7% year-over-year to the highest rate At-Bay has recorded since 2021.

5/27/2026
Cyber InsuranceCyber Claim

Companies with under $25M in revenue saw a 26% increase in average claim severity, the steepest jump of any segment and part of a three-year upward trend.

5/27/2026
Cyber InsuranceCyber ClaimClaim Severity

Akira, a Ransomware-as-a-Service operation that has run since 2023, drove a 53% increase in ransomware frequency in the second half of 2025.

5/27/2026
RansomwareRaaSAkira

Akira accounted for more than 40% of all ransomware claims in At-Bay’s portfolio for the full year.

5/27/2026
RansomwareRaaSAkira

86% of Akira attacks occurred in environments where a SonicWall device was present.

5/27/2026
RansomwareRaaSAkira

The largest single business interruption claim hit $5M, the policy limit.

5/27/2026
RansomwareBusiness InteruptionCyber Claim

Roughly one in 10 ransomware incidents caused downtime exceeding 30 days.

5/27/2026
RansomwareBusiness InteruptionDowntime

Financial fraud was the most common incident type for the third consecutive year, accounting for 30% of all claims.

5/27/2026
Financial FraudCyber ClaimCyber Insurance

The average amount stolen reached $285K, up 16% from the prior year and up significantly from $199K in 2023.

5/27/2026
Financial FraudCyber ClaimCyber Insurance

The single largest fraud loss in 2025 hit $9.7M.

5/27/2026
Financial FraudFraud LossCyber Claim

Average claim severity climbed to an all-time high of $221K.

5/27/2026
Cyber InsuranceCyber ClaimClaim Severity

Akira ransom demands averaged $1.2M, which is 50% higher than the non-Akira average.

5/27/2026
RansomwareRaaSAkira

Two-thirds of Akira attacks in 2025 occurred on nights or weekends.

5/27/2026
RansomwareRaaSAkira

In 2025, one in three ransomware claims triggered business interruption coverage.

5/27/2026
RansomwareBusiness InteruptionCyber Claim

Ransomware claims that triggered business interruption coverage averaged $510K in severity, compared to $168K for ransomware claims without business interruption.

5/27/2026
RansomwareBusiness InteruptionCyber Claim

The average ransom demand was $957K, and the average ransom paid was $317K. This means the price was often negotiated down by more than half.

4/10/2025
RansomwareRansom

Email was the preferred entry vector for cybercriminals, driving 43% of claims.

4/10/2025
EmailCyber attackAttack vector

Ransomware attacks increased by nearly 20% in 2024.

4/10/2025
Ransomware

4 of 5 (83%) financial fraud claims began with email.

4/10/2025
Financial fraudClaimCyber insurance

Showing 1-20 of 33 results