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151. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

152. The mysterious world of the 'metaverse'

Last Sunday, Facebook announced plans to create 10,000 new jobs in the European Union over the next five years to build products that will serve the metaverse...

153. Social media enabling destruction of democracy

“It’s the enabler of the destruction of democracy. It’s the enabler of the destruction of the facts,” says the Filipino Nobel Laureate Maria Ressa...

154. Digital Agenda 2021 ends with a bang!

The second and final day of Digital Agenda Cyprus was more impressive with speakers bringing together ideas, predictions and discussions about the future of technology and what to expect during the post-pandemic era....

155. Speakers gather in Nicosia to discuss the technological revolution

Digital Agenda Cyprus was off to a running start on Tuesday with introductory remarks by founder Demetris Lottides...

156. Cyprus’ consequential cop reflects on Europol job

A Cyprus police officer widely known in the media for her role in Malta’s Galizia murder case says she knows how to get into a suspect’s mind when trying to unlock their phones...

157. International fraud ring dismantled

A criminal organization involved in cyber fraud in Europe has been dismantled...

158. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

159. Another case of cyber fraud

A 41-year-old businessman who allegedly paid $ 44,900 into a bank account, but which did not belong to a company with which he works, fell victim to cyber fraud....

160. Global CEO confidence returns to pre-pandemic levels

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....

161. Police seized thousands of items believed to be counterfeit

Police and customs officials in Larnaca have confiscated thousands of items believed to be counterfeit....

162. EY and IIF survey shows climate change top concern for banks

163. Limassol crypto provider says imposter stole 35 million

A Cypriot resident who owns a blockchain service provider says his company was targeted by cyber criminals who managed to steal tens of millions in cryptocurrency simply by sending a message on a popular social app...

164. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

165. Biden and Putin take center stage

US President Joe Biden and Russian President Vladimir Putin decided at a 'pragmatic' first summit on Wednesday to hold arms control and cyber-security talks and return their respective ambassadors, while agreeing to differ on other issues...

166. Nations look to train at Cyprus security center

Three European Union member nations and three Middle Eastern countries are looking to train personnel in border, customs, maritime and cybersecurity techniques at a cutting-edge US-funded facility in Cyprus that is expected to be ready early next year, the Cypriot foreign minister said Thursday...

167. Advisory Services to the Cyprus Cancer Research Institute

KPMG in Cyprus will offer pro-bono Advisory Services to the Cyprus Cancer Research Institute (CCRI). Based on the partnership, the scope of services relates to the overall design of the Institute’s operational processes...

168. Official says hackers targeted vax website

The Cypriot government says it believes hackers were behind a cyber attack against the state’s website for vaccine appointment registration, after users said they were having technical problems using the site...

169. Webcam child groomer gets sentence

A young man got a suspended sentence after being found guilty of enticing a minor to sexual activity as well as child grooming offences involving a total of three underage girls...

170. 2021 KPMG CEO Outlook Pulse Survey

171. Reported House website hack was false alarm

The website of the House of Representatives in the Republic of Cyprus suffered a technical glitch on Monday, the innovation commissioner says, following reports in Greek Cypriot media that a foreign hacker had targeted the website...

172. Man detained in child porn livestream case

Cypriot police officers placed a man under arrest on child pornography charges after they were notified by Europol about a suspect who gained direct access to a live show...

173. Defence ministry targeted by hackers

Reports suggest the defence ministry of the Republic of Cyprus thwarted a cyber attack last week, around the same time a major hacking incident was reported by British defence, with both countries pointing the finger to foreign hackers...

174. Gloves are off in EU-China relations

The United States, the European Union, Britain and Canada imposed sanctions on Chinese officials on Monday for human rights abuses in Xinjiang, in the first such coordinated Western action against Beijing under new US President Joe Biden...

175. EastMed pipeline could be ready in five years

The EastMed pipeline could be in place in five years, Israeli Minister of National Infrastructure, Energy and Water Resources, Yuval Steinitz, has told the Cyprus News Agency (CNA), describing it as an extremely important project....

176. Anastasiades joins EUCO summit prep with EU leaders

President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...

177. Police open to reexamine warrant procedures

The Chief of Police wants a special team to go over warrants that were rendered unlawful recently, following a high profile defeat before the Supreme Court in connection with a home search over a Twitter parody account about the justice minister...

178. Teacher ready to sue over Twitter search

A teacher who won an appeal following an unlawful police search, in connection with a Twitter parody account complaint filed by Justice Minister Emily Yiolitis, has vowed to sue the state saying she was targeted because of her activism...

179. Cypriot hacker pleads guilty in Atlanta

A Filipino-Cypriot young man who was extradited to the United States last year on cyber crime charges has pleaded guilty after reaching a plea agreement with federal prosecutors...

180. Cyprus, US sign Declaration of Intent on border security

Cyprus and the USA signed on Tuesday a Declaration of Intent on strengthening cooperation on border security issues, in view of enhancing their capacity to counter common threats and foster stability in the region. ...