Spain's cybersecurity insurance market has experienced significant growth, reaching over 2.3 billion USD in 2026. The increasing frequency and sophistication of cyber threats have driven companies of all sizes to seek comprehensive coverage, with over 150,000 policies sold this year. The average policy now covers around 150,000 USD, reflecting the rising value of digital assets and data protection needs across various sectors.
The total premium revenue surpasses 1.9 billion euros, indicating a mature and expanding sector. Despite robust growth, Spain continues to face a high volume of cyberattacks, with 45,000 incidents reported in 2026. This underscores the critical importance of cybersecurity insurance for businesses aiming to mitigate financial risks associated with cybercrime.