por admin | Oct 25, 2021 | News
Ransomware is a serious threat to businesses, and it’s getting worse. While individuals were struggling against such attacks, fraudsters went a step further and started offering ransomware-as-a-service (RaaS). Through this business model, cybercriminals offer a malicious kit that can be used to perform ransomware attack services at little or no cost. Ransomware is becoming a major concern worldwide, with 54% of organizations surveyed being attacked in 2017 and another 31% expected to be attacked in the future. In 2021, these attacks increased dramatically. What is ransomware as a service (RaaS) and why is it such a big threat? Ransomware is a type of malware that encrypts files and locks them, making decryption nearly impossible without a key or by exploiting vulnerabilities in the encryption implementation. Ransomware as a service (RaaS) is a subscription-based model that allows affiliates to run them using pre-developed ransomware tools. Each successful ransomware payment earns affiliates a commission. RaaS allows anyone, even if they have no technical expertise, to launch attacks by simply subscribing to a service. They are readily available on the dark web, where they are advertised in the same way as legal products. Since RaaS users do not need to have any knowledge, or even experience, to use the tool effectively, RaaS solutions allow even the most inexperienced hackers to carry out very intricate cyberattacks. Not only is ransomware cheap to buy and download, it is also simple to spread, making any organization a target in today’s digital world. Ransomware is becoming increasingly expensive to pay, which means that this type of attack is becoming more and more profitable for attackers....
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