ARTICLE
29 September 2017

Germany Warns Of Cyber Espionage Threats From State Actors

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Jones Day

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In addition, both reports note that less than one third of companies turn to the government for assistance when dealing with an attack.
Germany Technology

On July 21, BitKom (Germany's digital industry association) released a report (source document in German) titled "Business Protection in the Digital World," which details how 53 percent of German companies have been victims of economic espionage, and how more than €55 billion is lost each year due to espionage or sabotage within the German markets. The German domestic intelligence and security service warned in its annual Report on the Protection of the Constitution that state actors are key players in cyber espionage targeting Germany. In addition, both reports note that less than one third of companies turn to the government for assistance when dealing with an attack.

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