---
title: Cybercrime and Sabotage Cost German Firms $300 Billion in Past Year
description: "MSN/Reuters: Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year, up 29% on the year before, according to a survey published."
---

[Industry News: Cyber ](https://www.castlehalldiligence.com/cyber-news)

# [Cybercrime and Sabotage Cost German Firms $300 Billion in Past Year](https://www.castlehalldiligence.com/cyber-news/cybercrime-and-sabotage-cost-german-firms-300-billion-in-past-year)

 Written by [Cybersecurity](https://www.castlehalldiligence.com/cyber-news/author/cybersecurity) | Aug 29, 2024 2:33:23 PM

#### *2024-08-28*

*MSN/Reuters:* Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in the past year, up 29% on the year before, according to a survey published.

[Read more...](https://www.msn.com/en-gb/news/world/cybercrime-and-sabotage-cost-german-firms-300-billion-in-past-year/ar-AA1pz31l)

[View full post](https://www.castlehalldiligence.com/cyber-news/cybercrime-and-sabotage-cost-german-firms-300-billion-in-past-year)

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