The damage caused by cyber attacks on German companies is increasing at an alarming rate. While it was still 103 billion euros per year in 2018/2019, the German economy already had to accept 223 billion in damage from digital attacks in 2020/21. This is the result of a representative study by the digital association Bitkom, for which more than 1,000 companies across all industries were surveyed.
According to the study, ransomware attacks are particularly frequent and dangerous. The criminals now not only threaten to destroy the affected data if the victim does not pay. Rather, it is also popular to publish the data if the ransom is refused – for many companies, this is an even bigger nightmare than data loss. In addition to ransomware, other forms of cybercrime are booming, including cyber espionage and data theft.
The Bitkom study makes it clear once again that every company should encrypt important files and e-mails. Because as soon as information is reliably encrypted, it becomes virtually worthless to cyber spies and data thieves. The ransomware threat to publish the stolen data if the ransom is not paid also comes to nothing if the data is encrypted.
The frightening increase in cyber attacks is one more reason to choose cryptovision’s GreenShield software. GreenShield offers both email and file encryption at the highest level. The product can look back on a 15-year development history, during which cryptovision has always placed great emphasis on user-friendliness. The two formats S/MIME and PGP are equally supported. GreenShield is therefore extremely easy and intuitive to use. Furthermore, GreenShield is one of the very few encryption solutions that have been approved by the German Federal Office for Information Security (BSI) for data of the security level “Classified Information – For Official Use Only” (VS-NfD). This approval proves that the product meets the highest security requirements. NATO also lists GreenShield File and GreenShield Mail on its website.
It is not only the Bitkom study that shows that IT security measures are becoming increasingly important. A look at the GreenShield website is therefore worthwhile.
GreenShield website: https://www.cryptovision.com/en/products/security-applications/greenshield/