Germany:
Germany Warns Of Cyber Espionage Threats From State Actors
29 September 2017
by
Daniel J. McLoon
,
Mauricio Paez
,
Richard Johnson
,
Jonathon Little
,
Kevin Lyles
,
Todd McClelland
,
Jeff Rabkin
,
Lisa M. Ropple
,
Adam Salter
,
Michiru Takahashi
,
Undine Von Diemar
,
Olivier Haas
,
Jörg Hladjk
and
Anand Varadarajan
Jones Day
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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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