German companies face rising cybercrime

Cyberattacks on German companies have reached alarming levels, causing nearly €300 billion in damages over the past year. In one high-profile case, hackers stole 750 gigabytes of sensitive data from defense firm Rheinmetall, including details about tanks like the Puma. Experts warn that foreign intelligence services—mainly from Russia and China—are increasingly behind such attacks. Ransomware remains the most common threat, with organized crime groups demanding ransoms between €100,000 and €500,000. The good news: German companies are responding by doubling their cybersecurity investments compared to 2022.

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.