Cyberattacks may cost taxpayers more as governments shun ransomware payments

August 25, 2022

Cyberattacks may cost taxpayers more as governments shun ransomware payments

Rather than pay $20 million in ransom to a Russian hacking gang that took dozens of government and public entities offline for two months, Costa Rican officials sought other options. As the local economy reportedly bled about $30 million a day, much of it in lost productivity, Costa Rica set out to restore each attacked ministry, one at a time. Efforts are ongoing.

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