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SecurityQuiet 71d · day 78

China, Russia, Iran ramp up cyberattacks on German businesses

Foreign intelligence services now blamed for nearly 40% of cyberattacks on German companies, up from 7% three years ago.

What to know

  • China leads cyberattacks on German companies, with Russia and Iran also major sources; foreign intelligence services now blamed for 39% of incidents, quadrupling from 7% in 2023.
  • Economic toll is enormous: cyberattacks cost German businesses $186–$240 billion annually including recovery, business interruption, and lost revenue.
  • Intelligence services increasingly use criminal structures and blur lines with organized crime, making attribution and defense more complex for German firms.
  • Germany's security and defense industry is a particularly attractive target for state-sponsored cyberattacks.

“Cyberattacks alone cost German businesses between $186 billion and $240 billion over the past year, including expenses related to business interruptions, investigations, recovery efforts, legal disputes and extortion.”

Bitkom, German digital industry association · The Record

Sinan SelenSinan Selen President, German domestic intelligence agencyRalf Wintergerst President, BitkomBitkom German digital industry association

China, Russia, Iran ramp up cyberattacks on German businesses
therecord.media

The record 5 articles and posts · last 30 days

  1. summary covers to here · Aug 29, 11:15 AM · 1 piece above arrived after
  2. Chinese and Russian spies stepping up cyberattacks, German companies report press · The Record · 76d ago
  3. Russia, China, Iran drive cyberattacks on German businesses: Report press · Anadolu Agency · 77d ago
  4. 87% of German companies were attacked last year, and Russia has caught up with China https://… post · Mastodon · patrickcmiller@infosec.exchange · 70d ago · 1▲
  5. "Foreign intelligence services, particularly those from #China and #Russia, are increasingly behind cyberattacks on… post · Bluesky · chkopp.bsky.social · 75d ago · 5▲
  6. German companies are increasingly being targeted by cyberattacks that they suspect are linked to foreign intelligence… post · Mastodon · bruno_j_navarro@mastodon.social · 77d ago

What people are saying 3 voices from 2 sites · verbatim