Business A.M
No Result
View All Result
Tuesday, March 24, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Cyber-Security

Germany big target of cyber espionage and attacks: government report

by Admin
July 4, 2017
in Cyber-Security

Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a government report said on Tuesday, warning of “ticking time bombs” that could sabotage critical infrastructure.

Industrial espionage costs German industry billions of euros each year, with small- and medium-sized businesses often the biggest losers, the BfV domestic intelligence agency said in its 339-page annual report.

The report mapped out a range of security threats, including Islamist militancy and increased far-right violence, but highlighted the growing incidence of cyber espionage.

It cited a “noticeable increase” in spying by Turkey’s MIT foreign intelligence agency in Germany in 2016, following the failed July 15 coup in Turkey, and said Russia was seeking to influence a parliamentary election on Sept. 24.

“The consequences for our country range from weakened negotiating positions to high material costs and economic damage all the way to impairment of national sovereignty,” it said.

Image result for cyber attack in germany

Key targets were the Foreign Ministry and its overseas offices, the Finance and Economics ministries, the Chancellery and the German military.

Interior Minister Thomas de Maiziere said the government was working closely with industry to better protect German firms, with the most affected sectors being the weapons, space and aerospace and car industries, as well as research institutes.

Cyber attacks could not only lead to losses of information, but also, through delayed-action malware, trigger “silent, ticking digital time bombs” that could manipulate data and sabotage equipment, especially critical infrastructure, the report said.

It said that the Sandworm malware, which computer experts have linked to Russia, had actively targeted government sites, the NATO military alliance, utilities and telecommunications firms in recent years.

Russia, China, Iraq

Russia, China and Iran were the main countries spying on Germany, albeit for different reasons, it said.

Russia had a keen interest in the removal of economic sanctions imposed by the European Union for Moscow’s actions in Ukraine, and the Russian hacker group APT 28, also known as Fancy Bear and believed to be state-controlled, continued to attack German political targets, the report said.

Russia was also using so-called Internet trolls to influence public opinion and push pro-Russian views, the report said, citing a sharp increase in propaganda and disinformation campaigns using social and Russian-backed media.

“It is assumed that Russian state agencies are trying to influence parties, politicians and public opinion, with a particular eye to the 2017 parliamentary election,” it said.

Iran was focused mainly on Israeli or pro-Jewish targets and political opponents of Tehran’s clerical rulers.

The report cited a sharp decline in potential attempts by Iran to buy dual-use items for its nuclear program, but said that was not true for its missile development efforts.

Chinese espionage had increased since President Xi Jinping took office in 2013, and was focused increasingly on political events such as the upcoming G20 summit in Hamburg, as well as technology and critics of the Chinese government.

It said Chinese intelligence was using social media sites such as LinkedIn and Facebook to try to recruit Western informants, and that the close links between government and industry meant state and industrial espionage were hard to distinguish.

Turkish spying was focused on backers in Germany of both the banned separatist Kurdistan Workers’ Party (PKK) and the U.S.-based cleric Fethullah Gulen, whom Turkey blames for the failed coup, though he denies involvement.


Courtesy Reuters

Admin
Admin
Previous Post

Pressure mounts on China’s LeEco as bank seeks to have assets frozen

Next Post

Nigeria central bank pumps N195m into FX market, issues new guidelines on unutilised forex

Next Post

Nigeria central bank pumps N195m into FX market, issues new guidelines on unutilised forex

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

NNPC moves to sell stakes, secure $2bn pipeline financing amid oil sector pressures

Nigeria targets 100,000bpd output boost amid global supply disruptions

March 24, 2026
Crude down $2 as OPEC+ supply fears, weak US jobs data weigh

Oil rebounds on Gulf supply fears as Iran denies U.S. talks

March 24, 2026
Legend Internet, Spectranet set for N80bn merger to create Nigeria’s largest ISP

Legend Internet, Spectranet set for N80bn merger to create Nigeria’s largest ISP

March 24, 2026
Unilever Nigeria doubles profit to N32.2bn

Unilever Nigeria doubles profit to N32.2bn

March 24, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

NNPC moves to sell stakes, secure $2bn pipeline financing amid oil sector pressures

Nigeria targets 100,000bpd output boost amid global supply disruptions

March 24, 2026
Crude down $2 as OPEC+ supply fears, weak US jobs data weigh

Oil rebounds on Gulf supply fears as Iran denies U.S. talks

March 24, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M