Online shops see up to five times more traffic during Black Friday than normal, and the risk of website crashes and performance increases proportionately, Forscope Romania warns. At the same time, during such high traffic periods, systems and networks are stretched to the limit, increasing exposure to cyber-attacks. The use of legitimate software protects these systems including through security updates. Without these, organisations can incur losses of over ten thousand euros per infected computer. “The importance of legally purchased software, whether new or used, cannot be overstated, especially in high-stakes contexts like Black Friday. It ensures that both seller and consumer are protected, that systems run smoothly and that potential vulnerabilities are minimised. Illegal software programs, especially those downloaded from misleading websites, can come bundled with viruses. This risk is exacerbated at times like Black Friday, when users may be tempted to download ultra-low-cost or even free versions of premium software,” says Ionut Les, Forscope’s Country Manager for Romania. Of the total volume of cyber-attacks, more than 40% target small companies, which also have the most difficulty managing growing IT budgets. E-commerce platforms that use legitimate software, especially in their backend systems, payment gateways and data management, are less likely to suffer security breaches. This ensures that customer data and payment information remain secure. According to Forscope Romania, a company facing a data breach incurs costs of more than €3 million. These include direct costs (remediation efforts, legal fees, and compensation to affected parties, etc.), but also indirect costs (loss of market share, damage to reputation and loss of customer trust). At the same time, longer-term impacts such as higher insurance premiums or tighter conditions for obtaining bank loans need to be considered.
Romania’s women’s table tennis team secured a bronze medal at the 2026 World Championships in London, marking the country’s first podium finish at the tournament in 26 years. The Romanian team was eliminated in the semifinals by defending champions China, who won the match 3-0. The Romanian team consisted of Bernadette Szocs, Elizabeta Samara, Andreea […]
Romanian president Nicușor Dan will host the Summit of the Bucharest Nine (B9) Format and the Nordic countries this Wednesday, May 13, at the Cotroceni Palace, bringing together senior NATO, European, and Ukrainian officials for talks on regional security and defense cooperation. The summit comes amid continued concerns over Russia’s war in Ukraine and broader […]
Cambridge School of Bucharest (CSB), one of Romania’s leading international British schools, will host a dedicated Primary Open Day on Thursday, 14 May, from 16:00, inviting families interested in Years 2, 3 and 4 to discover the opportunities offered through the National Curriculum for England. Taking place on the CSB campus in Pipera, the event […]
Romania has begun drafting a national anti-poverty and social inclusion strengthening strategy, according to interim labor minister Dragoș Pîslaru. One in five Romanians lives close to the poverty line, the minister said on Thursday, May 7. Romania is the first EU member state to have initiated steps for drafting a national anti-poverty and social inclusion […]
Transilvania International Film Festival (TIFF), the largest film festival in the country, announced a partnership with the Los Angeles-based Film Independent to present Always Remember in Transilvania, a series of free screenings aiming to raise Holocaust awareness. During the 25th edition of the event, taking place from June 12 to June 21 in Cluj, two […]
Fil Rouge Capital (FRC) is actively looking at opportunities in the country, Matei Dumitrescu, Venture Partner Romania with FRC, explains. Fil Rouge recently announced a EUR 300,000 pre-seed funding for the European social media platform eYou, which launched publicly this week in Bucharest. Its local portfolio also includes OptiComm.ai, a Romanian AI startup focused on […]
