Belisario Contreas' opinion piece in CSO explains how Costa Rica failed to implement the cyber-preparedness strategy that it laid out five years ago and now serves as an example not only to other Latin American nations but also to the world.
Costa Rica’s newly-elected president has declared a national state of emergency, as its ongoing crisis costs the nation an estimated USD $38 million a day.
Perhaps in a different time, we would assumed the country had been struck by a devasting natural disaster or was struggling with some internal conflict—but times have changed. Costa Rica has been struck not by an earthquake or a bomb or a strike, but by a new national crisis: cybercrime.
Link to full article: https://www.csoonline.com/article/3662311/how-costa-rica-found-itself-at-war-over-ransomware.html
Read Next
European Commission 2028-2034 Budget Proposal Includes Substantial Increase for Cyber, Digital Programmes
The European Commission presented its initial proposal for the European Union’s 2028-2034 financial framework that, if approved, could authorise nearly EUR 2 trillion in spending over seven years for cyber and other digital efforts.
Congress’ Proposed Chip Security Act Threatens to Create New Cyber Vulnerabilities in U.S. Semiconductors
As the U.S. races toward global AI dominance, a new bill aimed at preventing diversion of innovative U.S. semiconductors to China could inadvertently make those very same chips less secure.
Japanese Regulator Balances Cybersecurity, Competition Concerns In MSCA Implementation Guidelines
Promoting robust competition in the digital space while ensuring cybersecurity protections is challenging. The Japan Fair Trade Commission strikes a crucial balance between these priorities in its May 2025 guidelines.