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Germany: 223 billion euros in damage from cyber attacks
Germany: 223 billion euros in damage from cyber attacks

According to a Bitkom study, cyber attacks cause 223 billion euros in damage to the German economy every year. Ransomware and blackmail software accounts for around 20 percent of these. Three ways out of the ransom trap. The hackers encrypt data, fail systems and, increasingly, steal data from their victims' networks. In an open letter, a group of IT security and information technology experts called on federal politicians to take action and demanded specific legal measures to counteract ransom payments, among other things. Paying ransom is the wrong way The need for action is undisputed and ransom…

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Cyber ​​war in Ukraine: DDoS attacks increase by 46 percent
Cyber ​​war in Ukraine: DDoS attacks increase by 46 percent

In the first quarter of 2022, the number of DDoS attacks increased by a factor of 4,5 compared to the same quarter of the previous year. Furthermore, the average duration of an attack was 80 times longer than in Q1 2021. Kaspersky experts consider it likely that this increase in attacks is due to hacktivist activities. DDoS (Distributed Denial of Service) attacks aim to disrupt the network resources used by businesses and organizations and impair their proper operation. Successful attacks, especially on authorities and institutions in the financial sector, have far-reaching negative…

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Study: Two out of three companies have already been victims of ransomware

The new Sophos study "State of Ransomware 2022" shows: 67 percent of German companies have already been affected by ransomware. In 2020 it was still 46 percent. The average ransom paid in Germany almost doubled to over 250.000 euros. Sophos released its annual State of Ransomware 2022 study, which provides an overview of ransomware development in practice. The report shows that 67% of companies surveyed in Germany (66% globally) were affected by ransomware in 2021, up from 46% in 2020. The average ransom paid by German companies…

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Germany 2021 in top 3 with most ransomware attacks
Germany 2021 in top 3 with most ransomware attacks

The willingness of affected companies to pay ransom demands is making the ransomware industry grow into a multi-billion dollar industry. Germany is among the top 3 countries that suffered from the most ransomware attacks in 2021. Cybereason, the XDR company, today published a new whitepaper entitled “RansomOps: Inside Complex Ransomware Operations and the Ransomware Economy”. It examines how ransomware attacks have evolved from niche to multi-billion dollar mega-industry over the past decade. As RansomOps attacks continue to evolve, ransomware syndicates are enjoying record profits, attacking public and private sector organizations of every…

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Webinar March 29, 2022: Cyber ​​Threat Landscape Briefing
B2B Cyber ​​Security ShortNews

Trellix invites you to a free webinar on March 29, 2022 from 14:00 p.m. the topic “Cyber ​​Threat Landscape Briefing for the German market”. There is an update on the threat landscape in Germany and application examples from MVISION Insights. In order to keep up with the dynamic and sophisticated security threats, it is important to keep an eye on the latest cyber campaigns and learn about the top threats. Webinar on March 29, 2022 from 14:00 p.m. So be our guest on March 29, when the Advanced Threat Research team and Cyber ​​Threat Engineers…

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Cyber ​​attack on German petrol supplier
B2B Cyber ​​Security ShortNews

According to Spiegel.de, there was a cyber attack on a supplier of gas stations in Germany. There, hackers have probably paralyzed the systems of a large German fuel supplier. As a result, no tank trucks can be loaded at the moment. Mineral oil company Shell is also likely to be affected by the attack. According to the Spiegel website, the tank logistics company Oiltanking was the victim of a cyber attack. The company probably confirmed this to the “Handelsblatt” on Monday. Apparently the mineral oil dealer Mabanaft was affected by the attack, as is Oiltanking, a subsidiary of the Hamburg group Marquard & Bahls. Gasoline supplier works with contingency plans According to the report,…

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Ransomware: Germany ranks fifth among the affected countries 
Bitdefender_News

Bitdefender: Germany ranks fifth among the countries affected by ransomware. Bitdefender Threat Debrief August 2021 with the latest ransomware statistics: 19,8 million ransomware detections worldwide in one month and the first signs of a REvil comeback. Telemetry data from Bitdefender Labs shows extensive activity on the ransomware scene for the month of August. Ransomware has been detected in 174 countries. Seven percent of the detections were found in Germany. This puts Germany in fifth place worldwide behind the USA (30%), India (17%), Brazil (15%) and Iran (8%). WannaCryptor family is at the top of the attack 30 percent of the detections in August could be attributed to the WannaCryptor family ...

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Kaspersky: 10 impulses for German and European cybersecurity policy
Kaspersky_news

Kaspersky publishes 10 impulses on German and European cybersecurity policy. After the general election, the new federal government will have to cope with many challenges in cybersecurity policy and set the course for the coming years. As a stimulus for this discussion, Kaspersky has now published an impulse paper. It contains ten points on cyber security policy. Kaspersky addresses, among other things, the IT and cybersecurity skills shortage, the need to catch up on the topic of digital security within society, the insufficient establishment of security-by-design as a design principle in the development of new technologies and solutions, and the still lacking cyber resilience in medium-sized businesses. In addition, the digitization of ...

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Germany, digital latecomer
Digitalization

Unfortunately, Germany was never at the top of its class when it came to digitization. In a country comparison, we are still rather mediocre in many areas. But there is prospect of improvement, thinks Marcus Busch from Leaseweb and explains how Germany can learn from the mistakes of other countries. The past decade saw the advent of the cloud, virtualization and the digital transformation of many areas of life. The internet economy in Germany grew continuously year after year and became a catalyst for the increasingly digitized economy. What has made up the last ten years, what influence the corona crisis has on ...

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Germany extremely attractive for hackers 
B2B Cyber ​​Security ShortNews

Cyber ​​attacks are one of the greatest threats to the economy. In the course of this, IronHack took an interest in which countries are particularly attractive for hackers and cyber criminals and carried out the following analysis. The result shows that, after the United States, Germany is the country most threatened by cyber criminals. A finding that corresponds with the risk assessments of proven experts. "Almost half of all companies in Germany (46 percent) reported cyber attacks on their company in the past few months," reported the Alliance of Germany in the course of the publication of the DsiN-Praxisreport Mittelstand 2020 in ...

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