1 min read

Tek Video: Ransomware as a Service (RaaS)

Tek Video: Ransomware as a Service (RaaS)
Tek Video: Ransomware as a Service (RaaS)
1:55

Another big, game-changing element of ransomware is that you don't have to be a hacker. 

You don't even have to have any technical expertise. 

 

Ransomware as a Service (RaaS)

 

Ransomware as a Service (RaaS) is a business model between ransomware operators and affiliates in which affiliates pay to launch ransomware attacks developed by operators. The price of RaaS kits ranges from $40 per month to several thousand dollars.

 

 

 

 

Who has subscription services they pay for now?

 

Yeah, pretty much everybody. 

 

Guess what? If you wanted to be a bad guy and start hacking businesses, all you have to do is subscribe to a service, and they're calling that ransomware as a service

 

Ransomware as a Service

 

So, I can pay for a service, have all the tools at my disposal, and oftentimes they'll even sell me, if I were a bad actor or criminal, they'll even sell me access to networks that they already have available to me. 

 

All I have to do is start running the tool that I have now subscribed to. 

 

So, the barrier to entry for criminal-minded individuals has been reduced significantly.


 

New call-to-action


 

About Teknologize

Teknologize_K - IconTeknologize is a SOC 2 Type II accredited Managed IT and Cybersecurity provider serving small to mid-sized businesses across Washington and Oregon. We deliver full-service Managed IT Support, Co-Managed IT Support, advanced Cybersecurity Solutions, and IT Compliance Services for regulated industries, including HealthcareFinancial Institutions, the Utilities SectorManufacturing, and Professional Services.

👉 Book a Discovery Call to see how Teknologize can support your business.

Our Offices

Tri-Cities, Washington – 509.396.6640 | Yakima, Washington – 509.396.6640

Bend, Oregon – 541.848.6072 | Seattle, Washington – 206.743.0981

Questions about your IT or Cybersecurity? Give us a call today!

 

Tax Season W-2 Scam: How Small Businesses Can Prevent Payroll Fraud

Tax Season W-2 Scam: How Small Businesses Can Prevent Payroll Fraud

February has a rhythm every business owner knows. Your accountant is asking for documents.Your bookkeeper is reconciling numbers.Payroll is...

Read More
Endpoint Detection and Response (EDR): Enabling Secure Growth for Small Businesses

Endpoint Detection and Response (EDR): Enabling Secure Growth for Small Businesses

Cybercriminals don’t go after businesses because they’re big.They go after businesses because they’re accessible. According to the IBM Cost of a...

Read More
Why Low-Cost IT Support Costs More | True MSP vs. Fake MSP

Why Low-Cost IT Support Costs More | True MSP vs. Fake MSP

IT Support Companies Can All Sound the Same, Until You Know What to Look For Business owners all want the same thing from their IT: reliability,...

Read More