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ANCPI Offline Post-Cyberattack: Geodets Seek Government Intervention to Avert Economic Crisis

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~1 min

Over two weeks after a cyberattack, the National Agency for Cadastre and Immovable Property Registration (ANCPI) systems remain unavailable, hindering essential real estate transactions and impacting over 10,000 professionals and firms. The Geodets' College has submitted memorandums to the Government and Parliament, warning of potential economic fallout, including delayed transactions, investment freezes, and prevented loan and leasing agreements. They are requesting extensions for administrative and contractual deadlines, penalty-free tax deferrals, and grace periods for loans, as the ongoing blockage prevents fee collection while financial obligations persist. Experts warn that prolonged downtime could reduce market confidence, affect foreign investor perception, and slow economic activity, with system complexity and a lack of motivated internal specialists cited as possible reasons for the delayed resolution.

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