TY - BOOK ED - European Network and Information Securtity Agency TI - Cyber Insurance: : Recent advances, good practices and challenges SN - 978-92-9204-178-6 PY - 2016/// PB - European Network and Information Security Agency KW - Seguridad en las Tecnologías KW - Buenas prácticas KW - Prospectiva N2 - Cyber insurance was created to address risk that cannot be reasonably mitigated by security measures. While it initially started in a limited form, it developed to cover more and more types of cyber risk. In comparison with other insurance sectors, cyber insurance appears to have a lower adoption rate, while the growth projections remain high. Projections estimate the global cyber insurance market to reach $ 7.5 billion in annual sales by 2020 – tripling the 2015 figure2 – and over $ 20 billion by 20253. It is evident that regions with established cybersecurity-related legislation, have a higher cyber insurance adoption than regions that have recent or no formed legislation. The expected growth for the European market is anticipated to be further accelerated by the adoption of the GDPR and NIS directive UR - https://www.enisa.europa.eu/publications/cyber-insurance-recent-advances-good-practices-and-challenges/at_download/fullReport ER -