At-Bay: Remote Access Tools Behind 4 of 5 Ransomware Attacks in 2024; Supply Chain-Driven Cyber Claims up 43%

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At-Bay: Remote Access Tools Behind 4 of 5 Ransomware Attacks in 2024; Supply Chain-Driven Cyber Claims up 43%

2025-04-10 20:03 Last Updated At：20:21

SAN FRANCISCO--(BUSINESS WIRE)--Apr 10, 2025--

At-Bay, the InsurSec provider for the digital age, today published its 2025 InsurSec Report, which details new trends in cyberattacks and financial losses among businesses. According to the report, which analyzes At-Bay claims data, ransomware attacks increased by nearly 20% in 2024, and the severity rose by 13%. The blast radius of ransomware continues to grow as businesses impacted by attacks on vendors and partners increased 43%, while the average cost of these third-party incidents jumped by 72%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410139431/en/

“Remote access tools like VPNs and RDP continue to attract a high level of attention from cybercriminals. In 2024, they were correlated with 80% of ransomware attacks, up from 63% the year prior,” said Adam Tyra, Chief Information Security Officer for Customers at At-Bay. “VPNs alone were a factor in 2 of 3 ransomware incidents. This problem isn’t going away for mid-market businesses. They need to upgrade to safer alternatives or consider getting support with patching and configuration management to lower their risk from operating these tools.”

Key findings from the report

To download the full report and learn how organizations can better protect themselves from cybercrime, visit: 2025 InsurSec Report.

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About At-Bay

At-Bay is the InsurSec provider for the digital age. By combining world-class technology with industry-leading insurance, At-Bay was designed from the ground up to empower businesses of every size to meet cyber risk head-on. At-Bay Insurance Services, LLC provides insurance protection and security prevention solutions to close to 40,000 businesses in the US, safeguarding up to $800B in collective business revenue, and offers coverage by non-admitted insurers for Cyber, Technology Errors & Omissions (Tech E&O), and Miscellaneous Professional Liability (MPL). The At-Bay Group also includes an active full-stack insurance company and a cybersecurity company. At-Bay Security offers proprietary cybersecurity solutions including At-Bay Stance Managed Detection & Response for Endpoint and Email.

AP PHOTOS: Colombia quinceañeras see dreams come true with the support of many, including the police

2025-05-03 09:30 Last Updated At：09:40

BOGOTA, Colombia (AP) — Their dreams of celebrating their "quinceañeras” seemed unattainable. Then a foundation, with the support of the police and some private companies, made it come true.

Twenty-four teenagers in Bogota, Colombia on Friday celebrated their 15th birthday — a traditional rite of passage, particularly for girls, in parts of Latin America - as part of an initiative by a foundation called “Sueños Hechos,” or “Dreams come True.”

“I’m very happy, very nervous," said Gabriela Moncada, who had wanted a party and to wear a jade-green ball gown, but her family didn't have the means to afford it. Then she was selected by the foundation.

"It’s exactly how I dreamed it would be,” she said, smiling after having makeup applied by volunteer stylists.

The 24 girls came to Bogota from different places around Colombia's capital.

They brought photographs of the hairstyles they wanted, and some got makeup for the first time in their lives. Then they were taken in limousines to a hall for the formal party, where police officers were waiting for them and raised their sabers to make a parade to honor them.

The foundation opened a call for applications, and about 100 people registered, and after a review they picked up 24.