Prevention, Action, Reaction - Legal Handling Of Cyber Risks

With the intensified business pervasion by technology, white-collar crime is also increasingly shifting into the digital sphere. Hardly any company has not yet been targeted or even become the victim of a cyber-attack. Although companies are becoming more and more aware of this new form of threat, there is often a lack of clear ideas as to what needs to be done to prevent and cope with it.

1 INTRODUCTION

Cyber-attacks have become increasingly widespread and meaningful in the recent past. Prominent cases such as that of ransomware "Petya", which temporarily paralysed the IT systems of numerous large companies, have sharpened attention for this new form of danger. Cyber- attacks, however, take place on a daily basis. In recent studies, almost 90 percent of the surveyed companies stated that they had been affected by cyber-attacks in the past twelve months.