Internet users in Romania are targeted by a pig butchering scam campaign that can cause devastating damage to victims, warns the team of the National Cyber Security Dispatch, recommending increased vigilance in online interactions."What is pig butchering? A type of scam in which attackers gradually gain the trust of victims, over long periods of time, under the guise of looking for friends. Subsequently, they will convince the victims to deposit money with fake investment platforms. Since the platforms are controlled by the attackers, they can simulate significant winnings that encourage the victim to deposit even more funds. In the end, the attackers steal all the deposited funds, usually very large amounts," DNSC experts explain.As protection against pig butchering, they recommend: be careful; read messages from strangers carefully and do not act impulsively; do not access links in text messages from unknown sources and completely avoid interacting with platforms recommended by attackers; contact the bank immediately if you have deposited funds with the platform controlled by the attackers and cannot withdraw them; report the incident to the authorities on the PNRISC platform (https://pnrisc.dnsc.ro/) or to the emergency number 1911.
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
Altex Romania will develop in the following year the DIY chain Brico Dépôt by securing ownership of the rented stores, upgrading the entire chain, and opening three to five new stores per year after the transition year 2026, Altex founder, main shareholder, and CEO Dan Ostahie announced after his company took over the do-it-yourself chain […]
The government announced it selected, on November 27, a president and two vice-presidents for the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP). The action was a milestone under the Resilience Facility due November 28, after the expiry of the six-month extra time allowed by the European Commission, with a EUR 330 million […]
Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the general government budget deficit will remain at 8.4% of GDP, Hotnews.ro reported. Central government budget revenues for...
