Costa Rica declares ransomware emergency and Colonial Pipeline Cyber Attack fetches $1 Million penalty

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The government of Costa Rica declared a national emergency on May 8th, 2022, Sunday, as most of its government websites were impacted by ransomware, disrupting servers and back-end operations to the core.

Rodrigo Chaves, the President of Costa Rica, released an official statement on this note and added that the hackers were demanding $10 million to hand over the stolen 672GB data and decrypt the locked-up files.

Conti Ransomware gang has declared that it is behind the incident and said that it is ready to negotiate with the government for a 20% discount.

Concernedly, the Costa Rican Social Security Fund (CCSS), a health care agency, was also targeted in the incident by the Conti gang and about 72GB of its data was leaked onto the dark web a few hours ago.

Second is the news related to the Colonial Pipeline Cyber Attack that took place at the same time last year. The US Department of Transportationā€™s Pipeline and Hazardous Materials Safety Administration (PHMSA) has issued a notice to the management of Colonial Pipeline and proposed a penalty of $986,400, i.e. nearly $1 million.

On May 8th,2021, Colonial Pipeline declared its servers were targeted by Darkside ransomware spreading gang disrupting the distribution of gasoline, diesel, and jet fuel from Texas to New Jersey. As a result of the digital attack, a kind of fuel shortage arise across 17 states and the white house was ready to declare a state emergency as at one point the fuel shortage was declared to be severe.

A special inquiry team was appointed by the government in June 2021 and it discovered that Colonial Pipeline failed to protect its IT Infrastructure with appropriate cyber security measures and so a penalty of nearly $1m was being levied. However, the fuel supplier will be given adequate time to file a counter-petition against the penalty.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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