The aim of this report is to provide an overview of the threat landscape relevant to the DACH countries – Germany, Austria, and Switzerland in Q1 2023 and an assessment regarding further developments.

QuoIntelligence assesses with moderate confidence that ransomware was the most relevant threat to DACH entities in Q1 2023. This is due to the number of victims, indiscriminate targeting, and the separation of duties inside ransomware groups leading to effective operations.

QuoIntelligence assesses with moderate confidence that it is likely that ransomware will continue to be the most prevalent and impactful threat for the DACH region in Q2 2023.

That is due to significant attack surface resulting from the strong industrial base, indiscriminate nature of ransomware targeting, and financial incentives.