Research has found that two thirds of Germany’s have been by -crime , costing industry in Europe’s largest economy some 43 euros ($ ). Industry association Bitkom surveyed 503 top managers and chiefs from across Germany’s manufacturing sector, and found the small and medium-sized companies that are the economy’s backbone were particularly vulnerable to attacks.

James Hadley, CEO and Founder at Immersive Labs:

- yH5BAEAAAAALAAAAAABAAEAAAIBRAA7 - Two-Thirds Of German Manufacturers Hit By Cyber Attacks, Costing $50 Billion

“Many cyber authorities from across Europe have recently delivered warnings to industry, advising them that cyber security is no longer a strategy to be created and then forgotten about. Instead, as echoed by Bitkom, a cyber security strategy should be taken seriously as a constantly developing process that starts with the CEO and carried throughout the business.”

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