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There is a lack of clarity in many companies regarding the number of cloud services used and the amount of data stored. The risks of ransomware attacks and data loss have exploded as a result of the pandemic-driven IT transformation: In the Corona crisis, many companies switched to home offices - but protecting the new IT infrastructure implemented for this purpose was not a high priority. The resulting gaps and vulnerabilities are having a massive impact on the future: According to the study, companies in Germany will have to spend an additional average of almost two million euros and hire 24 new IT employees to cover the new technologies and the new vulnerabilities. What's more, companies will have to reckon with a higher risk of ransomware attacks and data loss for the next two years. These are the key findings of the "Vulnerability Lag Report" recently conducted by U.S. data solutions specialist Veritas Technologies. Cloud environments are most vulnerable to vulnerabi...

New figures show how hacker attacks are affecting the German economy. The amount of damage has jumped due to Corona - and the nature of the attacks has changed. Computer hackers have increasingly targeted the German economy. Since the beginning of the Corona crisis, for example, not only has the number of attacks by cybercriminals on local companies, research institutes, associations and institutions increased significantly. The total amount of damage has also increased by leaps and bounds. At 223 billion euros a year, it is currently more than twice as high as in 2018 and 2019. Nearly 90 percent of the one thousand companies and organizations surveyed in a representative poll conducted by the Berlin-based digital association Bitkom said they had been hit by attacks from the Internet - worse than ever before. In the two years before the Corona crisis, "only" 75 percent of companies saw themselves in the crosshairs of cybercriminals. At the time, the damage was estimated at ar...

The German economy finds itself in a threatening situation. According to the Federation of German Industries, the number of cyberattacks has increased during the pandemic. The main reason is working from the home office. German companies are more of a target for criminal attacks than ever before, according to the Federation of German Industries (BDI). "German business has never been attacked as much as it is today," Matthias Wachter, head of security at the BDI, told the Welt am Sonntag newspaper. "The number of attacks has increased further in the Corona pandemic because companies are even more vulnerable in the home office." Representatives of security authorities and associations confirm the development.  "The threat situation remains very tense and has been exacerbated by the pandemic," according to the report from the German Federal Office for Information Security (BSI). "Cyber attacks with extortion software play a major role in this." Part...

Although the majority of German companies have had to deal with at least one cybersecurity incident in the past twelve months, almost 40 percent still believe their IT systems are optimally protected. What cybersecurity risks pose a threat to your company in the next twelve months? What measures is your company taking to protect its IT infrastructure? Europe's leading crowdsourced security platform YesWeHack asked 512 IT decision makers in Germany these and other questions. "Kroker's Look @ IT" presents the results of the survey today exclusively in advance. According to the results, half of the companies surveyed had to deal with at least one cybersecurity incident in the last twelve months. Three in ten respondents report one to ten attacks (29 percent), while eleven percent report eleven to 20 incidents. Five percent of firms even report more than 50 IT security incidents. The study participants were most frequently confronted with access control problems, such as ...