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!

 

FBI Issues Warning: Don't Fall for the Latest Toll Road Smishing Scam

FBI Issues Warning: Don't Fall for the Latest Toll Road Smishing Scam

Recently, the FBI issued a fresh warning about "smishing" scams involving fake toll-road notifications sent via text messages. Scammers are targeting...

Read More
How Strategic Business Reviews (SBRs) Can Transform Your Business Success

How Strategic Business Reviews (SBRs) Can Transform Your Business Success

Every business owner knows the stress of managing technology—especially when it's not aligned with your business goals. Ever felt like your IT...

Read More
The Truth About Bank Fraud That Could Impact Your Business

The Truth About Bank Fraud That Could Impact Your Business

Imagine waking up, grabbing your morning coffee, and checking your business bank account, only to see thousands, or even hundreds of thousands, of...

Read More