Cyberattacks resulted in €203 billion in damages

German companies are urging policymakers to provide better protection against cyberattacks. In a representative survey commissioned by the digital association Bitkom, almost all participating companies (98 percent) stated that they would welcome greater commitment to increased EU-wide cooperation on cybersecurity. Almost as many are voicing demands that politics should take stronger action against foreign cyberattacks. And three-quarters think policymakers should expand investigative capabilities to help solve cyberattacks.

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