Risky Bulletin Newsletter
May 09, 2022
Risky Biz News: Costa Rica declares national emergency after ransomware attack
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But the attack on Costa Rica was not the only one that hit a LATAM country, Brett Callow, a threat analyst and ransomware expert at Emsisoft, told Risky Business News over the weekend.
"The US public sector has long been ransomware gangs' target of choice, but that may be changing. While attacks in countries like Costa Rica and Peru may not offer the same ROI, the increasing number of successes by US and European LEAs may make them seem like a safer choice," Callow told us, referring to the fact that many ransomware gangs may now be avoiding the US and Western Europe after a series of recent seizures, arrests, prison time sentences, and even bounties.
AGCO attack: AGCO, one of the largest manufacturers of agricultural equipment in the US, was hit by ransomware on Friday. The company said the attack affected operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting season. The attack came on cue and only three weeks after the FBI published an alert [PDF] about ransomware gangs looking to disrupt the US agriculture sector during the spring planting season.