Security study by Bitkom51 billion euros in damage due to cyber attacks

In the last two years, every second company in the German industry has been the target of cyber attacks - according to Bitkom, the damage amounts to 51 billion euros per year. Who are the victims and who are the perpetrators? How badly is the mechanical and plant engineering sector affected?

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Assessment for the early detection of cyber incidents
© Bitkom Research

How competent do companies consider themselves to be in recognizing cyber threats at an early stage? As many as 39% of respondents consider their own company to be "more than sufficiently" and "sufficiently" prepared to counter data theft, sabotage and espionage. However, the clear majority (60%) do not consider themselves to be sufficiently prepared. This self-critical view is shared across all size categories. According to Bitkom, it would be important to invest in additional security measures and establish a security culture that sensitizes all parts of the company and thus prevents attacks.

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