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Cyberattacks cause 289 billion damage to the German economy

World
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Cyberattacks cause 289 billion damage to Germany's economy
Over the past year, Germany's economy has suffered significant damage due to cybercrimes. This was reported by Zamin.uz.

As a result of illegal theft of digital data, industrial espionage, and other types of disruptions, the country's economy incurred a total loss of 289.2 billion euros. This figure has increased by nearly 8 percent compared to the previous year.

In a report published by the digital association Bitkom, it was noted that most cyberattacks were linked to sources in Russia and China. The study surveyed over a thousand large and medium-sized enterprises, 87 percent of which reported experiencing cyberattacks or digital damages within the last year.

This figure was 81 percent in 2024. According to the survey results, 46 percent of companies faced at least one cyber threat related to Russia, which is 7 percent higher than the previous year.

Similarly, espionage and data theft incidents connected to China were reported by 46 percent of companies. Risks originating from Eastern European countries, the United States, and Germany itself were also mentioned among the subsequent sources.

Twenty-eight percent of companies expressed the opinion that foreign intelligence agencies might be behind these attacks. This figure was 20 percent in 2024 and 7 percent in 2023.

In other words, threats linked to foreign states are increasing among companies year by year. The Bitkom report emphasized that the majority of all losses and digital damages are related to organized crime.

According to Zinan Zelen, deputy head of the Federal Office for the Protection of the Constitution of Germany, the country has been a primary target of cyberattacks linked to Russia for many years. This situation highlights the need to strengthen Germany's digital security system.

Experts believe that companies should take additional measures not only to protect their internal systems but also their external communications. Because any vulnerability in the digital sphere can lead to significant economic losses.

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