Atbay-InsurSec-Report-2026.md

InsurSec Report 2026 analyzes At-Bay claims data showing rising cyber risk in 2025: ransomware (driven heavily by the Akira strain) and financial fraud are major loss drivers, remote access/VPN vulnerabilities (e.g., SonicWall) and AI-enabled phishing increased scale and effectiveness of attacks, and third-party liability/class actions surged, all combining to push claim frequency and severity to multi-year highs.