Ransomware-as-a-Service: The business of distributing cyber attacks

Ransomware is proving to be a profitable endeavour for cyber criminals. It is also what is fuelling a newer trend: the business of offering management of ransomware attacks, or Ransomware-as-a-Service (RaaS).

Fuelled in part by the ability to use cryptocurrency to avoid detection, cyber criminals are setting up shop as a managed service provider, helping other cyber criminals conduct business on their platforms for a fee. For that fee, cyber criminal groups get personalise access to platforms, complete with dashboard capabilities that allow them to easily distribute their ransomware. Also included – technical support. Such full-service offerings mean that nearly anyone with internet access can launch a ransomware attack without any technical knowledge needed.

This article sheds light on this latest trend and the steps organisations can take to mitigate their exposure.

Topics covered:
• Today’s ransomware victim.
• The total impact of a breach.
• Defending against an attack.
• Responding to a cyber attack.
• Recovery strategy planning.