Cybersecurity

8388 readers

34 users here now

c/cybersecurity is a community centered on the cybersecurity and information security profession. You can come here to discuss news, post something interesting, or just chat with others.

THE RULES

Instance Rules

Be respectful. Everyone should feel welcome here.
No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
No Ads / Spamming.
No pornography.

Community Rules

Idk, keep it semi-professional?
Nothing illegal. We're all ethical here.
Rules will be added/redefined as necessary.

If you ask someone to hack your "friends" socials you're just going to get banned so don't do that.

Learn about hacking

Hack the Box

Try Hack Me

Pico Capture the flag

Other security-related communities !databreaches@lemmy.zip !netsec@lemmy.world !securitynews@infosec.pub !cybersecurity@infosec.pub !pulse_of_truth@infosec.pub

Notable mention to !cybersecuritymemes@lemmy.world

founded 2 years ago

MODERATORS

kid@sh.itjust.works

Lanky_Pomegranate530@midwest.social

Russia, China target German economy: Cyber attacks cost Germany almost 300 billion euros in past year, survey finds (www.bitkom.org)

submitted 1 week ago by Hotznplotzn@lemmy.sdf.org to c/cybersecurity@sh.itjust.works

4 comments fedilink hide all child comments

cross-posted from: https://lemmy.sdf.org/post/42496551

Original report (pdf, only in German language available)

Damage caused by data theft, industrial espionage and sabotage increases to 289.2 billion euros in Germany in the last 12 months, 9 in 10 companies (87%) were effected

The largest part of the 289.2 billion euros in damages reported by the 1,002 companies polled came from concrete production losses or theft, but legal and remediation costs were also substantial

Cyberattacks: Almost three out of four companies register increase in attacks

[...]

The survey by Germany industry group Bitkom found that almost half of all companies that could identify the sources of attacks had traced them to Russia and China, while about a quarter traced them to other European Union countries or the United States.

In detail, of the companies affected, 46 percent have detected at least one attack from Russia (2024: 39 percent), as many from China (2024: 45 percent). Attacks from Eastern Europe outside the EU (31 percent, 2024: 32 percent), from the USA (24 percent, 2024: 25 percent), from EU countries (22 percent, 2024: 21 percent) and Germany (21 percent, 2024: 20 percent).

[...]

you are viewing a single comment's thread
view the rest of the comments

[–] randomname@scribe.disroot.org 1 points 1 week ago

Posted this in another thread, but it fits also here:

According to 2023 report by Cybersecurity Ventures (pdf), Cybercrime would cost the world USD 9.5 trillion. If it were measured as a country, then 'cybercrime land' would be the world’s third largest economy after the U.S. and China. Download the Report.

The insight of over 2,700 risk management professionals from 94 countries and territories, analyzed and published in the 2023 version of

The Allianz Risk Barometer -again, for 2023- indicated that close to half — 45 percent — of the 2,700 surveyed experts say cyber incidents are the most feared cause of business interruption, even more so than natural disasters or energy concerns.

These are number from 2023, so they are likely higher today.

It somehow feels that the 1.5% of GDP European Nato members have obliged to spend for security outside traditional military budgets - which includes exactly such cyber attacks - are well spend, because the damage caused by such incidents is far higher.