At-Bay launches new email security solutions

At-Bay, a provider of cyber insurance and security, announced the launch of two new solutions that unlock higher Financial Fraud coverage sub-limits for businesses with revenue up to $5 billion.

At-Bay Stance Fraud Defense, a new proprietary email security solution, is designed to identify and stop email-based fraud attacks, which most of today’s email security solutions do not detect, according to the company. Available with every Cyber and Tech E&O policy placed by At-Bay, eligible businesses who adopt the solution can unlock up to $500K in financial fraud sub-limits.

The second solution, At-Bay Stance Managed Detection and Response for Email, offers an advanced email security solution that combines Stance Fraud Defense with an AI-powered cloud security solution that is fully managed and monitored 24/7 by At-Bay’s managed security team. Customers with policies placed by At-Bay who adopt Stance MDR for Email could increase their financial fraud coverage sub-limits up to $1 million.

Key Product Highlights

At-Bay Stance Fraud Defense

• Proprietary email security solution trained on real-world claims data to detect and prevent financial fraud threats in real-time that traditional email security solutions do not detect.
• Available with every Cyber and Tech E&O policy placed by At-Bay, at no additional cost.
• Seamless activation in minutes via At-Bay Stance, the unified security platform that manages cyber risk across all major security domains.
• With the addition of Fraud Defense, At-Bay Stance now mitigates cyber risks associated with 86% of customer claims.
• Can unlock up to $500K in financial fraud coverage sub-limits for eligible policyholders, double what is typically offered by the insurance industry.

At-Bay Stance MDR for Email

• Combines an AI-powered modern cloud email security solution, with At-Bay’s Fraud Defense technology and expert security operations team, to monitor and respond to new threats in a customer’s email environment 24/7.
• At-Bay MDR for Email is more powerful than a traditional email security solution, helping to reduce 98% of email-based attack risk.
• Available to purchase from At-Bay Security, with or without an insurance policy placed by At-Bay.
• Businesses that adopt the solution can unlock financial fraud coverage sub-limits of up to $1M.

“This is a major innovation in cyber insurance. Financial fraud continues to be the biggest driver of losses among mid-market and small businesses, and 9 of 10 of these incidents happen via email. In the most severe cases, over $5M in funds have been stolen. Recognizing that current industry sub-limits are leaving businesses without crucial protection, we developed two new InsurSec solutions that help to combat financial fraud and unlock better coverage.” – Ken Riegler, President of At-Bay Insurance.