Thank you for playing the game.
The monster was meant to create athmosphere and teach the player to use the boots. In its current form there is no way to challenge him.
The story was supposed to be longer and explain more about the main charecter, but we hit the deadline since it was a school project.
In our plans the code red happened because the mining on the planet was no longer profitable if remember correctly and conspirancy stuff are just from the perspective of the workers which don't know much themselves.