Germany’s Cyber Skills Shortage Leaves Companies Exposed to Record Cyberattacks

 

Germany faces a critical shortage of cybersecurity specialists amid a surge in cyberattacks that caused record damages of €202.4 billion in 2024, according to a study by Strategy&, a unit of PwC. The study found that nine out of 10 organizations surveyed reported a shortage of cybersecurity experts, a sharp increase from two-thirds in 2023. 

Key institutions such as German air traffic control, the Federal Statistical Office, and the Society for Eastern European Studies were targeted by foreign cyberattacks, highlighting the nation’s digital vulnerability. Russia and China were specifically identified as significant cyber threats.

The overall damage to German organizations from cyber-related incidents in 2024 reached €267 billion, with cyberattacks themselves accounting for about €179 billion. Other forms of damage included theft of data, IT equipment, and various acts of espionage and sabotage. Despite the growing threat, the recruitment landscape for cybersecurity roles is bleak.

Only half of the public sector’s job ads for cybersecurity specialists attracted more than 10 applicants, and a

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