The number of incidents caused by ransomware attacks have grown by 79% in 2023 compared to the previous year, according to an international stody to be presented at the 13th edition of DefCamp, organized over 23-24 November. “The evolution of the economic and geopolitical situation brings new challenges for cyber security, hackers facing a significant increase of cyber threats.In 2020, 20% of attacks were ransomware type, acocrding to an international study and affected a quarter of companies. In 2023, the number of data breaches caused by ransomware type attacks made public went up by 79%. Historically speaking, fraud attempts grow in recession periods, attackers can adapt to the market, reducing prices of hacking instruments and making cyber crime even more accessible. For instance, following the 2008-2009 recession cyber attacks have grown by 40%, according tod organizers of the conference in a press release issued on Thursday. In this context, this year's edition of DefCamp is offering the framework for talks about the most frequent types of cyber attacks in 2023, cryptographic log-in, new defense methods, the use of automatic defense operations or vulnerabilities of cloud technologies, a.o. DefCamp 2023 is organized by the Research Center for Cyber Security Association of Romania (CCSIR) and supported by Bit Sentinel, Booking Holdings and Keysight Technologies Romania. Since 2011, DefCamp succeded in attracting about 11,000 participants from 55 countries and 150 cities. This year, over 200 teams have already subscribed to the DefCamp Capture the Flag competition, one of the biggest initiatives of the kind in Central and Eastern Europe.
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
Romania’s current transport minister, the Social Democrat Ciprian Șerban, offered bribes to representatives of a forest district in Iași County as a young businessman in 2012, according to recently surfaced documents and recordings. Șerban gave bribes at least six times before reporting the offense to the National Anticorruption Directorate. He did so only after being […]
David Popovici has won the gold medal in the 100-meter freestyle final at the World Championships in Singapore. It is his second win at the event, after the gold medal in the 200-meter freestyle race two days ago. The Romanian swimmer finished the race with a time of 46.51 seconds, ahead of Jack Alexy, who […]
PPF Real Estate, a global developer and investor with a real estate portfolio exceeding EUR 2 billion, announces the completion of infrastructure works for ARC, its new state-of-the-art office project in the Basarab area. The construction progresses on schedule. Reaching ground level marks, a key milestone in the development timeline. The project is moving forward […]
BRD Groupe Societe Generale, the fifth largest bank in Romania by assets, registered a net profit of RON 764 million (EUR 150 million), up 10% compared to the same period in 2024. The net loan portfolio, including leasing financing, increased by 17.4% during the mentioned period, marking a significant growth in corporate lending by 23.8% […]
