Cybercrime - Ransomeware as a Service
The cybercriminal economy is a continuously evolving connected ecosystem of many players with different techniques, goals, and skillsets. Ransomware as a service (RaaS) is a subscription-based model that enables affiliates to use already-developed ransomware tools to execute ransomware attacks. Affiliates earn a percentage of each successful ransom payment. Ransomware as a Service (RaaS) is an adoption of the Software as a Service (SaaS) business model. RaaS users don't need to be skilled or even experienced, to proficiently use the tool. RaaS solutions, therefore, empower even the most novel hackers to execute highly sophisticated cyberattacks . RaaS solutions pay their affiliates very high dividends. The average ransom demand increased by 33% since Q3 2019 to $111,605, with some affiliates earning up to 80% of each ransom payment. The low technical barrier of entry, and prodigious affiliate earning potential, makes RaaS solutions specifically ...