Working from home during the pandemic cost German companies some 53 billion euros ($62 billion) worth of damages from cyber attacks, according to estimates by the Cologne Institute for Economic Research.
Overall damages hit a record 224 billion euros last year, more than double the value reported in a 2019 survey. Increased remote work accounted for about a quarter of the increase, according to researcher Barbara Engels, whose calculations are based on a Bitkom survey. more
