Valentina Spiridonova (11)

  • About 60,000 EU data breaches filed under GDPR

    About 60,000 EU data breaches filed under GDPR

    The EU’s GDPR regulation and its attached fines appears to be encouraging data breach reports, fundamentally changing the risk profile for organisations suffering a cyber attack, a new study shows. According to the research from DLA Piper over 59,000 data breach notifications have been reported to regulators throughout the EU since GDPR went into effect on 25th May 2018 - far more than figures previously released by the European Commission show. And even though data breaches are showing no signs of slowing, the number of fines imposed lag far behind.

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  • Cybersecurity's weakest link: people

    Cybersecurity's weakest link: people

    Six months, 945 data breaches, 4.5 billion records exposed - that is how the beginning of 2018 looked like. Compared to the same period in 2017, these numbers represent a staggering increase of 133%, data from Gemalto's Breach Level Index shows. Things didn't go well in the second half of the year or in the beginning of 2019 either, with breaches and cyberattacks continuing to escalate, reaching an all-time high in database leaks.

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  • May survives no confidence vote despite failure

    May survives no confidence vote despite failure

    Theresa May remains as Prime Minister after her government won tonight the confidence vote, tabled by opposition leader Jeremy Corbyn 24 hours ago. Her victory, however, is quite a bitter one - 306 MPs out of a total of 650 voted against her, demonstrating once again the deep division in Westminster. And those 325 that supported her were all members either of her party or allies from the Northern Ireland Unionist Party, which only proves that Tories, although unhappy with the PM, do not want to risk losing their political power in possible general elections.

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  • May suffers heavy defeat during crucial Brexit vote

    May suffers heavy defeat during crucial Brexit vote

    Prime Minister Theresa May suffered the largest defeat for a sitting government in history after the House of Commons rejected with a majority of 230 her Brexit plan. According to British media MPs voted by 432 votes to 202 to reject the deal. What is even worse for May's current position as a PM - 118 Tory lawmakers joined with opposition parties and voted against her which now creates a political vacuum in the Brexit process, with no firm certainty as to what might happen next.

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  • Gabriel: Startups are the core of progress

    Gabriel: Startups are the core of progress

    Under the auspices of the European Commission, Sofia hosted on Thursday the Startup Europe Summit - Europe's annual rendezvous with actors from the European startup ecosystem, from innovators to investors and policy makers. The event, which was held in the Bulgarian capital for the first time, gave more than 500 attendees the opportunity to learn about EU funding opportunities, as the bloc has transformed into the biggest funding source for entrepreneurs, with a €10bn funding pool in the pipeline.

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  • KONTRAKTO wins €10,000 at Innowave

    KONTRAKTO wins €10,000 at Innowave

    During this year’s edition of InnoWave Summit some of the best startups in the area of blockchain technology had the chance to win a prize pool worth €210,000 - €10,000 in the form of a cash prize and €200,000 in the form of investments. In the “Pitch Your Blockchain Startup” competition the Bulgarian startup KONTRAKTO, founded by Marten Demirev won the €10,000 cash prize by presenting a quick and easy solution in day-to-day transactions and contracts for both users and businesses.

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  • Brussels invests €9bn in AI and cyber security

    Brussels invests €9bn in AI and cyber security

    The European Union will propose a new "Digital Europe" programme with a budget of €9bn, EU Commissioner for Digital Economy and Society Mariya Gabriel announced in her opening speech at the InnoWave Summit, one of the largest digital conferences in Southeastern Europe, held in Varna this Friday and Saturday.

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  • Mariya Gabriel opens Innowave 2018

    Mariya Gabriel opens Innowave 2018

    Bulgaria’s EU Commissioner for Digital Economy and Society Mariya Gabriel will launch this year's InnoWaveSummit, one of the largest digital conferences in Southeastern Europe, which will take place in the Palace of Culture and Sports in Varna on 19 and 20 October. During the event Gabriel would also participate in a special European Commission panel on the topic Women in Tech in Western Balkans.

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  • EU open to new trade talks with US

    EU open to new trade talks with US

    EU’s Trade Commissioner Cecilia Malmstrom said on Wednesday that the bloc is still open to talks with the United States on industrial goods tariffs, but Washington had not yet shown any serious interest.

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  • Venezuela's 2019 inflation to hit 10m percent

    Venezuela's 2019 inflation to hit 10m percent

    Consumer prices in Venezuela have risen by nearly 500,000 percent over the past year, with the International Monetary Fund (IMF) warning that inflation may reach 10m percent in 2019. The central bank stopped releasing figures on inflation nearly 3 years ago, but Angel Alvarado, a member of the opposition-run congress, told media that hyperinflation reached 488,865% in the 12 months ending in September.

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