Approximately 127 new smart devices in the world are getting connected to the internet every second, and Romania has around one billion already connected terminals, shows data presented on Wednesday by the director of the National Cyber Security Directorate (DNSC) Dan Cimpean."If we also add all the platforms, all the systems managed by institutions, we get a rather complex and somewhat worrying global picture. Obviously, digital technologies come with a lot of risks related to the security of information, data, and critical or less critical infrastructures. I strongly believe that we have only one chance to address these risks and to successfully do this, yet only as an ecosystem. When I say ecosystem, I mean actors from the government sector, the business milieu - so the private, the academic sector, research & development, our international partners and allies. It would be extremely naive to believe that we will be successful unless we address the risks related to cyber-digitalization in this format", Cimpean told the 7th edition of the Critical Infrastructure Protection Forum (CIP Forum) - part of the ongoing Digital Innovation Summit Bucharest (DISB) 2024.In the view of the DNSC head, at global level, hackers are very well financed and their activity is geopolitically and ideologically driven. Also, the expert emphasized that estimations based on analyses show that a cyber attacker needs 13 hours and a half between the moment he steals the data and the moment he gets to exploit it."At this moment we believe that as a state, as an ecosystem, we are able to reasonably handle one major national level incident per week. (...) I strongly believe that everything digitalization and cyber security is intertwined and we must have the courage to launch many more projects. Let me give you just an example from the Directorate: we have 17 ongoing projects at the moment, projects on which we work in consortia, in partnerships with various organizations, either from Romania or from the European Union. We also have another 53 projects in preparation," said Cimpean.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
