At-Bay partners with CrowdStrike on cyber solution for SMBs
At-Bay partners with CrowdStrike on cyber solution for SMBs
In the U.S., small businesses are more than twice as likely to suffer a cyber attack than a fire, often spending four times more on recovery.
Israeli cyber insurance provider At-Bay has partnered with CrowdStrike intending to help small and medium-sized businesses to boost their cyber resilience and reduce risk.
The cybersecurity solution, named At-Bay Stance Managed Detection and Response (MDR), is built on CrowdStrike’s AI-native Falcon XDR platform. It will help SMBs close the cybersecurity skills gap and deliver immediate time-to-value, protect endpoints through AI, integrate threat intelligence, and offer 24/7/365 support by cybersecurity professionals. SMBs will be able to complement their staff and take advantage of EDR technology to reduce the time between alert and response, increasing levels of protection.
“At-Bay’s unique InsurSec approach combines cyber insurance expertise, an enterprise-grade cybersecurity team, and market-leading technology, to reduce risk among businesses with greater effectiveness,” said Thom Dekens, Chief Business Officer and GM of At-Bay Security. “CrowdStrike is a recognized leader in Endpoint Detection and Response technology. We're proud to partner with them on this new MDR solution to make cybersecurity more accessible to today’s small businesses.”
The last two years have shown that small business cyber claims with an MDR solution could help prevent or mitigate losses of more than half of insurance claims. In the U.S., small businesses are more than twice as likely to suffer a cyber attack than a fire, often spending four times more on recovery.
“SMBs have historically been underserved and under-protected from existing off-the-shelf antivirus products – leaving them vulnerable to ransomware and breaches. Our partnership with At-Bay ensures that SMBs can quickly and easily deploy AI-powered protection to stop modern cyberattacks,” added Daniel Bernard, Chief Business Officer at CrowdStrike.
At-Bay was designed to offer end-to-end prevention and protection to businesses in the digital age. Its Group includes a cybersecurity company and a full-stack insurance company. As an insurance company, At-Bay offers Cyber, Tech E&O, and Miscellaneous Professional Liability policies.
