Every year, industrial espionage costs German businesses around 11.8
billion euros ($16 billion), according to a survey released Monday by
the German security firm Corporate Trust.
Every second company in Germany has faced attacks - whether successful or not - with more than three-quarters of those surveyed registering financial losses as a result.
Corporate Trust said the survey reflected answers from 6,767 companies, some 40 percent of which estimated the damage from espionage had cost them anywhere from 10,000 euros to 100,000 euros.
Twelve percent said they lost more than 100,000 euros, and 4.5 percent said they lost more than 1 million euros.
Read more: German businesses face rising threat of industrial espionage | Business | DW.DE | 21.07.2014
Every second company in Germany has faced attacks - whether successful or not - with more than three-quarters of those surveyed registering financial losses as a result.
Corporate Trust said the survey reflected answers from 6,767 companies, some 40 percent of which estimated the damage from espionage had cost them anywhere from 10,000 euros to 100,000 euros.
Twelve percent said they lost more than 100,000 euros, and 4.5 percent said they lost more than 1 million euros.
Read more: German businesses face rising threat of industrial espionage | Business | DW.DE | 21.07.2014
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