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Published on Monday, May 9, 2022
By the A.M. Costa Rica staff and wire services

 

The U.S. Department of State is offering a reward of up to $10 million for information leading to the identification or location of any individual who holds a key leadership position in the Conti ransomware variant transnational organized crime group. 


In addition, a reward of up to $5 million is offered for information leading to the arrest and or conviction of any individual conspiring to participate in a Conti ransomware incident.


“The United States is committed to supporting our Costa Rican friends in the face of cyberattacks by the Conti group that they have suffered in recent weeks,'' Cynthia Telles., Ambassador in Costa Rica said. "This assistance reaffirms and reinforces our close cooperation with Costa Rica for a long time.” 


The Ministry of Technology thanked the U.S. for being a strategic ally to confront cybercriminal groups. According to the ministry, they continue to improve the public technological systems to prevent further attacks.


According to the Department of State, the Conti ransomware group has been responsible for hundreds of ransomware incidents over the past two years. 


The Federal Bureau of Investigation, FBI, estimates that as of January 2022, there had been over 1,000 victims of attacks associated with Conti ransomware. Victim payouts exceeded $150 million making the Conti Ransomware variant the most damaging strain of ransomware ever documented. 


In April 2022 the group perpetrated a ransomware incident against the government of Costa Rica that severely impacted the country’s foreign trade by disrupting its customs and taxes platforms.


Ransomware is a type of malicious software, or malware, that prevents a user from accessing computer files, systems, or networks until a ransom is paid for their return. 

 



Ransomware incidents can cause costly disruptions to operations and the loss of critical information and data. The Conti ransomware operates as a service wherein the extortion profit is shared between the RaaS owners and their affiliates.


The affiliates are the entities or individuals who effectuate the computer intrusion and deploy the ransomware. Each affiliate uses its own intrusion method and the group negotiates the terms of the ransom demands with the victim.


The FBI does not support the payment of a ransom in response to a ransomware incident; however, many victims do pay the ransom. Paying ransom demands encourages more ransomware incidents and provides an incentive to become involved in this type of illegal activity. 


The U.S. Department encourages victims of a ransomware incident to get more information on stopping this cybercrime by visiting the site StopRansomeware.gov.


People can provide Conti group information by calling the FBI at 1-800-CALLFBI (225-5324) or visiting the Tips FBI site.    People can also contact the U.S. Embassy in Costa Rica by calling (506) 2519-2000.


Due to the massive cyberattacks targeted against Costa Rican public institutions, in April, authorities issued a guideline to increase cyber security.


The ministry established that all public institutions must comply with a series of measures to deal with cyberattacks and prevent future hacks.


According to the ministry, there were about 13 public institutions that have been targeted by hackers.



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What have you heard about people suspected of being linked to the Conti hackers?
We would like to know your thoughts on this story. Send your comments to news@amcostarica.com





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