1 min read

Tek Video: Ransomware as a Service (RaaS)

Tek Video: Ransomware as a Service (RaaS)

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

Teknologize is a SOC 2 accredited, Professional Technology Services company with clients throughout the Pacific Northwest. We have offices located in:

  • Tri-Cities, Washington 509.396.6640
  • Yakima, Washington 509.396.6640
  • Bend, Oregon 541.848.6072

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

 

Don't Get Caught Off Guard: 5 New Cybersecurity Threats to Prepare For Now

Don't Get Caught Off Guard: 5 New Cybersecurity Threats to Prepare For Now

The year 2023 marked a significant turning point for cyber-attacks with the introduction of AI (artificial intelligence), now in the hands of people...

Read More
Teknologize Successfully Completes Another SOC 2 Audit

Teknologize Successfully Completes Another SOC 2 Audit

At Teknologize, we continually invest in security best practices to ensure that our client’s data stays safe and secure. As a part of an ongoing...

Read More
IT Profitability Roadmap and Checklist for Maximizing Efficiency and Cost Savings

IT Profitability Roadmap and Checklist for Maximizing Efficiency and Cost Savings

If you’re hoping to cut costs and boost profitability without compromising productivity or efficiency, assessing the technology you use in day-to-day...

Read More