Conti Ransomware Gang Threatens Costa Rica’s Government

velvetsea Elementus, Velvet Sea Ventures

Max Galka, CEO, founder, and chief data scientist at Elementus, agreed. While he didn’t think the threat of regime change was credible, ransomware inside a federal or national government is still a major crisis.

“If I were in the shoes of the Costa Rican government, I would be extremely nervous,” he said. “And the truth is, even they probably don’t know the full extent of what the ransomware could do.”

He pointed out that if they chose not to pay, they risked having core government functions crippled.

Read more about the crisis in Costa Rica here.