Latest news with #MichaelFübi
Yahoo
2 days ago
- Business
- Yahoo
Survey: 15% of German firms subject to cyberattack in last 12 months
Approximately one in seven German companies has been affected by a cyberattack in the past 12 months, according to a new survey published on Wednesday. Some 15% of companies with at least 10 employees reported at least one IT security incident over the past year, the representative survey conducted on behalf of technical inspection authority TÜV found. The number of successful hacker attacks rose by 4 percentage points compared to a survey two years ago, the Berlin-based association said. However, the majority of affected companies reported that they did not suffer any damage as a result of the cyberattacks. Some reported minor damage, and only very few reported serious or even existential damage. "The German economy is in the crosshairs of state and criminal hackers who want to steal sensitive data, extort money or sabotage important supply structures," said TÜV president Michael Fübi. One criminal tactic, for example, is to encrypt or steal company data and then blackmail the company, he said. The most common method used by hackers targeting German companies is phishing, which involves emails sent to employees to trick them into clicking on a link which then allows the attackers to infect the company network with malware.
DW
2 days ago
- Business
- DW
Germany updates: Russian imports fell 95% since Ukraine war – DW – 06/11/2025
Skip next section 15% of German firms affected by cyberattack in last 12 months — survey 06/11/2025 June 11, 2025 15% of German firms affected by cyberattack in last 12 months — survey According to a survey conducted on behalf of the technical inspection authority TÜV, approximately 15% of German companies with at least 10 employees has been affected by a cyberattack in the past 12 months. However, most affected companies reported no damage resulting from the cyberattacks. Some reported minor damage, and only a few reported serious, existential damage. "The German economy is in the crosshairs of state and criminal hackers who want to steal sensitive data, extort money, or sabotage important supply structures," said TÜV president Michael Fübi. One criminal tactic, he said, is to encrypt or steal company data and then blackmail the company. The survey found that most common method used by hackers targeting German companies is phishing. This tactic involves sending emails to employees to trick them into clicking on a link, which allows the attackers to infect the company network with malware. 84% percent of affected companies report having experienced phishing attacks, which is a 12-percentage-point increase from two years ago. In second place are "other malware attacks" at 26%. This refers to malware, which is used to steal sensitive data, for example. It is not always clear how the malware gets into a company's IT system. Meanwhile, ransomware attacks (12%) and other methods, such as password attacks (12%), are declining, according to the survey.
DW
2 days ago
- Business
- DW
German updates: Russian imports fell 95% since Ukraine war – DW – 06/11/2025
Skip next section 15% of German firms affected by cyberattack in last 12 months — survey 06/11/2025 June 11, 2025 15% of German firms affected by cyberattack in last 12 months — survey According to a survey conducted on behalf of the technical inspection authority TÜV, approximately 15% of German companies with at least 10 employees has been affected by a cyberattack in the past 12 months. However, most affected companies reported no damage resulting from the cyberattacks. Some reported minor damage, and only a few reported serious, existential damage. "The German economy is in the crosshairs of state and criminal hackers who want to steal sensitive data, extort money, or sabotage important supply structures," said TÜV president Michael Fübi. One criminal tactic, he said, is to encrypt or steal company data and then blackmail the company. The survey found that most common method used by hackers targeting German companies is phishing. This tactic involves sending emails to employees to trick them into clicking on a link, which allows the attackers to infect the company network with malware. 84% percent of affected companies report having experienced phishing attacks, which is a 12-percentage-point increase from two years ago. In second place are "other malware attacks" at 26%. This refers to malware, which is used to steal sensitive data, for example. It is not always clear how the malware gets into a company's IT system. Meanwhile, ransomware attacks (12%) and other methods, such as password attacks (12%), are declining, according to the survey.
