In its annual report, BSI said it recorded an average of two ransomware attacks on local governments or municipal businesses per month, with 68 attacks on companies reportedly successful.
Considering that German firms suffered a loss of 203 billion euros from cyber attacks last year, further steps are urgently needed, even if many companies see security measures as an obstacle in day-to-day operations, it said. There is increasing competitive pressure among cyber criminals, who have built up a black market economy and target the easiest victims - in this case small and medium businesses and local government and municipal websites, BSI said.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wolfsburg stun holders Leipzig 1-0 to end their winning run in German CupWOLFSBURG, Germany : VfL Wolfsburg beat RB Leipzig 1-0 courtesy of Vaclav Cerny's first-half goal to eliminate the holders in the German Cup second round and put an end to their two year-reign in the competition.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Bayern's German Cup game in the balance over pitch conditionsMUNICH, Germany : Bayern Munich's German Cup second round game at third-tier Saarbruecken on Wednesday hangs in the balance due to the hosts' pitch conditions with a decision expected on matchday, Bayern coach Thomas Tuchel said on Tuesday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
German court orders Zverev to pay fine in physical abuse case: LawyersAlexander Zverev has been ordered by a Berlin court to pay an undisclosed fine for physically abusing the mother of his child, the German tennis player's lawyers said, adding that he would contest the court order.
Source: asiaonecom - 🏆 10. / 59 Read more »
German court orders Zverev to pay fine in physical abuse caseAlexander Zverev has been ordered by a Berlin court to pay an undisclosed fine for physically abusing the mother of his child, the German tennis player's lawyers said, adding that he would contest the court order.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Saarbruecken stun Bayern with last-gasp winner in German CupSAARBRUECKEN, Germany: Third-tier Saarbruecken stunned Bundesliga champions Bayern Munich 2-1 with a last-gasp winner on Wednesday (Nov 1) to dump them out of the German Cup in the second round.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Mainz 'surprised' after El Ghazi expresses 'no regrets' for Israel-Gaza postBERLIN: German Bundesliga club Mainz on Wednesday (Nov 1) reacted with "surprise and incomprehension" after player Anwar El Ghazi said he does "not regret" statements he made on the Israel
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »