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A survey by Germany-based IT industry association Bitkom e.V. found that more than half of local companies had been victims of spying, sabotage or data theft in 2015 and 2016 causing an estimated €55 billion ($64 billion) worth of damage annually, Reuters reported. More than 60% of companies said that the attacks were perpetrated either by current or former employees while 41% of respondents blamed competitors, customers, suppliers or service providers, Bitkom said.