At-Bay combines insurance with cybersecurity technology through its At-Bay Stance™ platform, providing businesses with proactive security measures and tailored coverage against cyber threats. The company offers up to $10 million in insurance limits for businesses, addressing the financial risks associated with ransomware and social engineering fraud.
Funding
$291.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Businesses face increasing financial risks from cyberattacks, including ransomware and social engineering fraud, while traditional insurance policies often exclude losses caused by cyber incidents. Many organizations, particularly in sectors like construction and manufacturing, have historically underinvested in cybersecurity, making them attractive targets for cybercriminals.
Solution
At-Bay provides cyber insurance combined with proactive cybersecurity technology to help businesses manage and mitigate cyber risks. The At-Bay Stance™ platform offers end-to-end prevention and protection by integrating industry-leading insurance coverage with a unified security platform. This platform delivers proactive security measures, including exposure management, fraud defense, security awareness training, and incident response and recovery services. At-Bay's approach includes continuous risk assessment and actionable security insights, helping businesses improve their security posture and reduce the likelihood and impact of cyber incidents.
Target Audience
At-Bay primarily targets businesses across various industries, particularly those with significant digital assets and operations, as well as insurance brokers seeking comprehensive cyber risk solutions for their clients.
Features
- Cyber insurance policies with limits up to $10 million for businesses with revenue up to $5 billion
- Tech E&O and MPL coverage also available
- At-Bay Stance™ unified security platform providing proactive security
- Exposure Management: Scans and monitors digital assets to reduce cyber risk
- Fraud Defense: AI-powered email security to reduce financial fraud threats
- Security Awareness Training: Employee training and phishing testing to reduce human-error related incidents
- Incident Response & Recovery: In-house team to assist in the event of a security breach
- Managed Detection and Response (MDR) options for endpoint, email, identity, and cloud workloads
- Broker platform providing fully automated underwriting and bindable quotes in seconds