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VendorsAt-Bay

At-Bay

Cybersecurity reports and statistics published by At-Bay

8 categories1 reports

Research Reports

Reports and publications from At-Bay

Recent Statistics & Reports

The vast majority of ransomware started with an attack on a remote access tool, contributing to 80% of attacks.

4/10/2025
RansomwareRemote access toolRemote access

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

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

4/10/2025
Financial fraudClaimCyber insurance

Ransomware attacks increased by nearly 20% in 2024.

4/10/2025
Ransomware

VPNs alone accounted for two-thirds (66%) of all ransomware attacks.

4/10/2025
RansomwareVPN

Mid-sized companies generating $25-100M in revenue saw a 46% increase in ransomware attacks.

4/10/2025
RansomwareMid-sized companies

The blast radius of ransomware continues to grow as businesses impacted by attacks on vendors and partners increased 43%.

4/10/2025
RansomwareThird-party attackVendor

The average cost of third-party ransomware incidents jumped by 72% to $241K.

4/10/2025
RansomwareThird-party attack

Remote access tools like VPNs and RDP were correlated with 80% of ransomware attacks in 2024, up from 63% the year prior.

4/10/2025
RansomwareRemote access toolsVPNs

The frequency of ransomware attacks in 2024 increased by 19% vs. 2023.

4/10/2025
Ransomware

Close to 50 ransomware groups were implicated in attacks in 2024, a 3X increase from 2021.

4/10/2025
RansomwareRansomware group

Severity of ransomware attacks was up 13% in 2024.

4/10/2025
Ransomware

Overall claims frequency increased by 16% in 2024.

4/10/2025
ClaimCyber insurance

Only 31% of ransoms were paid by At-Bay customers in 2024. This totaled $146M in unpaid ransoms.

4/10/2025
RansomwareRansom

Supply chain-driven cyber claims were up 43%.

4/10/2025
Supply chainCyber claim

Financial fraud remained the most common incident type, accounting for 32% of all claims.

4/10/2025
Financial fraudClaimCyber insurance

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

4/10/2025
EmailCyber attackAttack vector