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.
Romanian PM Ilie Bolojan operates outside of the legal procedures when initiating consultations on a proposal for amending the legislation on the service pensions in the field of Justice, the Romanian Superior Council of Magistracy (CSM) said in a press release on July 30. ...
Romania is currently rebuilding its bilateral relations with the United States with the aim of rejoining the Visa Waiver program after the Trump administration removed it from the list of partner countries, according to foreign minister Oana Ţoiu. During an interview given on Wednesday, July 30, the minister noted that efforts are being made for […]
Justice Minister Radu Marinescu (Social Democratic Party) stated, in an intervention on Digi24, that the ministry he heads supports the special pension reform, proposed by Prime Minister Ilie Bolojan, but "the set of proposals communicated by the prime minister will...
Romania’s governing coalition agreed on July 30 to hold local elections for Bucharest Mayor in November, although the exact date has not yet been set, Ziarul Financiar reported. The mayoral seat became vacant after former mayor Nicuşor Dan won the presidential election in May. On the same day, president...
State-owned Romgaz (BVB: SNG) sold 2.52 billion cubic meters of natural gas from domestic production in the first six months of the year, 12.55% above the level of the same period in 2024, according to the operational report from the Bucharest Stock Exchange. The company's financial report will be published on August 14. Hydrocarbon production […]
Hidroelectrica (BVB: H2O), the largest energy producer controlled by the Romanian state, announced on the Bucharest Exchange that its net electricity production decreased by 27% in the first half of the year, to 6,068 GWh, while purchased energy increased by 62%, to 674 GWh. The company’s financial results for the first 6 months of the […]
