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The alarming statistics on cybercrime: protection urgently needed for German companies

07, Sep, 2023

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The digital world has revolutionized our daily lives and the economy in particular. But with progress comes new dangers. A recent study commissioned by the digital association Bitkom reveals shocking figures: Year after year, the German economy suffers losses of 206 billion euros due to the theft of IT equipment and data as well as digital and analog industrial espionage and sabotage. This marks the third year in a row in which the damage has exceeded the alarming 200 billion euro mark (2022: 203 billion euros, 2021: 223 billion euros).

The study is based on surveys of more than 1,000 companies from various sectors and paints a worrying picture of the current threat situation. A remarkable 72 percent of all companies were affected by analog and digital attacks in the last twelve months, while a further 8 percent suspected attacks without being able to provide clear evidence. Although the total number of attacks fell slightly compared to the previous year, there was a significant increase in attacks attributable to organized crime in particular. An alarming 61 percent of the companies affected see the perpetrators in this area. A year ago, this figure was 51%, and two years ago it was only 29%.

Another worrying development is the increasing role of Russia and China as a starting point for attacks on the German economy. According to the study, 46 percent of the affected companies were able to trace attacks back to Russia, compared to 23 percent in the previous year. Similarly, 42 percent of attacks were recorded from China, compared to 30 percent in the previous year.

These worrying figures underline the urgency of measures to improve IT security in German companies. In a world that is becoming increasingly interconnected, all industries and companies are at risk. As Cabsol Digital Services, we see it as our responsibility to support our customers in overcoming these challenges.

Our mission is to provide our customers with the best possible protection for their data and systems. We have the expertise and years of experience to help companies defend themselves against threats from cyberspace. From developing customized security solutions to training employees in cybersecurity best practices, we are here to help our clients.

The Bitkom study underlines the need to actively address the issue of cyber security and proactively take protective measures. Threats will continue to increase, but with the right strategy and the right partners, companies can protect their data and systems securely against attacks. Your security is our priority. Contact us today to strengthen your IT security and protect your data. Together we can defend your company from the growing threats from the digital space. Protect your business before it's too late - we're here for you!

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