Survey finds Two-thirds of German industry hit by digital crime

Source: National Cyber Security – Produced By Gregory Evans

Your ads will be inserted here by Easy Plugin for AdSense. Please go to the plugin admin page toPaste your ad code OR Suppress this ad slot. More than two-thirds of German industrial companies have been victims of digital crime in the past two years, according to a survey carried out by Bitkom, Germany’s IT, telecoms and new media industry association. The most common offence was the simple theft of equipment such as computers, smartphones or tablets, but a fifth of companies surveyed reported that sensitive documents, components or designs had been stolen, while 18 percent said their production had been sabotaged with the aim of damaging or paralyzing it. Such crimes cost German manufacturing industry more than 22 billion euros ($25 billion) a year, Bitkom estimated following its survey of 504 German manufacturing companies with at least 10 employees. “With the digitization of production and the networking of machines over the Internet, new contact points arise that are vulnerable to attack,” Winfried Holz, a Bitkom executive committee member, said in a statement issued at the Hannover Messe industry trade fair. “German industry, with its numerous hidden champions, is an attractive target for cybercriminals and foreign intelligence services,” he added. […]

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