The new report by the European Union Agency for Cybersecurity (ENISA) explores the challenges faced by Operators of Essential Services in the EU, when seeking to acquire cyber insurance.
Focused on the potential challenges faced by Operators of Essential Services (OESs), the analysis performed also explores aspects of cyber insurance from a policy development perspective, and suggests recommendations to policymakers and to the community of OESs.
What does the report reveal?
With the current trend of increasing cyber incidents also affecting OESs to a large extent, a majority of them perceive cyber insurance as a service they cannot afford given the outstanding premiums and disadvantageous coverage. According to data gathered through a survey targeting 262 OESs across the EU, three in four do not currently have cyber insurance coverage. The survey also reveals that other risk mitigation strategies are often considered more favourable by OESs.