US commits $25 million to Costa Rica for Conti ransomware recovery
Jonathan Greig reports:
The U.S. government is sending $25 million to the government of Costa Rica to help the country recover from a devastating ransomware attack last year that crippled several key agencies.
In May 2022, Costa Rica’s newly elected president Rodrigo Chaves declared a state of emergency after the now-defunct Conti ransomware group severely damaged the Ministry of Finance, the Ministry of Public Works and Transport and the Costa Rican Social Security Fund. The gang posted messages openly calling for the overthrow of the government before demanding a $20 million ransom.
On Wednesday, a senior White House official said that using funding from the State Department, the U.S. government would be committing $25 million to Costa Rica’s cybersecurity efforts after a direct request from Chaves. The funding will be used to secure the country’s networks and defend its critical infrastructure.
Read more at TheRecord.