Cybercrime costs Germany 206 billion euros
Cybercrime such as the theft of IT devices and data as well as digital espionage, industrial espionage and sabotage will cost Germany around 2023 billion euros in 206, as Bitkom announced on Friday. The damage will exceed the 200 billion euro mark for the third year in a row, according to a Bitkom survey of more than 1.000 companies. “The German economy is a highly attractive target for criminals and hostile states. The boundaries between organized crime and state-controlled actors are fluid,” explained Bitkom President Ralf Wintergerst. Prevention as a challenge for security teams “The threat of cyber attacks has never been...
