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Security Matters

EP 15 - Navigating a Ransomware Crisis in Latin America

20 min • 8 november 2022

In the spring of 2022, Costa Rica was hit with a series of large-scale, long-lasting ransomware attacks, which wreaked havoc on the government and healthcare system – and paralyzed imports and exports. The ripple effects were far-reaching and the economy was crippled. President Rodrigo Chaves declared a national state of emergency. Trust was shaken. On today’s episode, Vinicio Chaves Alvarado, acting CISO at BAC Credomatic, the Costa Rica-based international bank, talks with host David Puner about being on the frontlines of stabilizing and building back trust. As he puts it, "We are not only cybersecurity professionals – we not only create cybersecurity controls or detect or react to threats. We create trust."

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