Bamberg Prosecutors File Charges Against Alleged Cybercrime Ring Coordinator
German prosecutors have filed charges against a 27-year-old man from North Rhine-Westphalia accused of orchestrating a nationwide banking fraud scheme that allegedly defrauded customers of more than €1.2 million. The Bamberg General Prosecutor's Office, through its Central Cybercrime Unit Bavaria, has charged the suspect with organized and commercial fraud following an extensive...
German braking systems specialist Knorr-Bremse AG has announced the...
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German braking systems specialist Knorr-Bremse AG has announced the acquisition of Swiss technology company Duagon Group in a strategic move to strengthen its rail electronics and software business. The €500 million transaction, signed on September 25, 2025, positions Knorr-Bremse to enhance its portfolio of safety-critical applications for rail vehicles and signaling technology. The...