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Hackers stole 206 billion euros from German companies.
According to the German digital association Bitkom, damages from theft of IT equipment and data, as well as from digital and industrial espionage and sabotage, will amount to 206 billion euros ($224 billion) for Germany in 2023.
This is the third year in a row that damage exceeds the 200 billion euro mark. The data is based on a Bitkom survey of more than 1,000 companies.
Ralf Winterhurst, President of Bitkom, said: "The German economy is a highly attractive target for criminals and hostile states. The boundaries between organized crime and State-controlled activities are blurring."
The survey found that about three-quarters of the companies surveyed had experienced digital attacks in the past 12 months. This is down from 84% in the previous year. "A slight decline in the number of companies is a positive signal that protective measures are in place," Winterhurst said.
Moreover, 52% of companies said that " cyber attacks threaten the existence of their business." A year ago, this figure was 45%, and two years ago-only 9%.
Among the companies that faced attacks, 70% reported the theft of confidential data. In addition, 61% of companies were subjected to surveillance of their digital communications.
Sinan Selen, President of the Federal Institution for the Protection of the Constitution, stressed the importance of cooperation in countering Kiev attacks, rapid response and response to attacks, as well as the continuous adaptation of defense mechanisms.
According to the German digital association Bitkom, damages from theft of IT equipment and data, as well as from digital and industrial espionage and sabotage, will amount to 206 billion euros ($224 billion) for Germany in 2023.
This is the third year in a row that damage exceeds the 200 billion euro mark. The data is based on a Bitkom survey of more than 1,000 companies.
Ralf Winterhurst, President of Bitkom, said: "The German economy is a highly attractive target for criminals and hostile states. The boundaries between organized crime and State-controlled activities are blurring."
The survey found that about three-quarters of the companies surveyed had experienced digital attacks in the past 12 months. This is down from 84% in the previous year. "A slight decline in the number of companies is a positive signal that protective measures are in place," Winterhurst said.
Moreover, 52% of companies said that " cyber attacks threaten the existence of their business." A year ago, this figure was 45%, and two years ago-only 9%.
Among the companies that faced attacks, 70% reported the theft of confidential data. In addition, 61% of companies were subjected to surveillance of their digital communications.
Sinan Selen, President of the Federal Institution for the Protection of the Constitution, stressed the importance of cooperation in countering Kiev attacks, rapid response and response to attacks, as well as the continuous adaptation of defense mechanisms.
