Cyberattacks on German companies have reached alarming levels, causing nearly €300 billion ($354 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.