Companies spend 10 billion euros on cybersecurity
Germany is arming itself against cyber attacks and is investing more than ever in IT and cyber security. In the current year, spending is expected to increase by 13,1 percent and, at around 10,5 billion euros, will exceed the 10 billion euro mark for the first time. The digital association Bitkom reports this based on data from the market research institute IDC. This means that the IT security market in this country is growing faster than in the rest of Europe (plus 12,3 percent to 46,0 billion euros) and in the rest of the world (plus 11,4 percent to 164,8 billion euros). “Cyberattacks are currently one of the biggest threats…