The ransomware, which dates back to 1989, is a variety of malware that attempts to steal money from a computer user by infecting and controlling the victim's machine and protecting documents stored on the computer. it is. Ransomware attacks generally block your computer from normal use, or use a private key that only an attacker can use to encrypt confidential documents.

Among the various types of "software as a service" offered by technology providers, managed ransomware services is different because it represents the offering that criminals use to attack IT systems. Ransomware as a service (RaaS) can also be described as a ransomware infrastructure that lends itself to hackers on Dark Web. It is a simple platform to access ransomware attacks, embed them into the victim's machine, and demand extortion.

How Does RaaS work?

With ransomware as a service, fraudulent vendors provide hackers and malicious actors with ransomware-containing tools to attack victims and preserve computer files, information, or system hostages. People who use ransomware, or who host ransomware, generally demand a monetary ransom to return access to the data to the victim.

Most types of software as a service include simple services for businesses or users, such as desktops, infrastructure, ERP, customer relationship management, and other digital service offerings. In other words, they can "order" the ability to plagiarize the system and hold another person's data hostage. It can be difficult to trace. It will also publish the amount paid by the victim. The hacker does not have to provide the decryption key to the victim.

RaaS Revenue Model

Ransomware costs vary on the dark web, depending on the source provider and the purpose of the ransomware. In 2016, criminals released the "Stampad" ransomware variant on the Dark Web for $ 39. It was one of the first broad and profitable first instances of RaaS. This allowed anyone on the dark web to purchase this service and become a hacker for life.

 

RaaS providers are also working to obtain a ransom percentage for each attack made using the service. This approach was often beneficial in the second half of 2016, with ransomware of interest as a service operations server estimated at $ 200,000 per month.

Criminals themselves recently used conventional marketing strategies to use websites that were largely designed to promote professionally created videos and ads, as well as the latest ransomware as a service offering.

RaaS Hygiene Measures

Educate: In any organization, employees are the most vulnerable asset, most likely to infect the organization, but also the first line of defense. Ransomware and other virus education is not a one-time workshop. It's a continually revised booster strategy that tries to update everyone with the latest threats.

Secure: Protect your system and data - a proactive approach to combat ransomware and viruses that attack home and work systems. This is the simplest Internet hygiene you can do in an attack-free environment. In a secure environment, make sure that all software is licensed and updated with the latest available patches. You can also use reputable antivirus solutions to improve security. Also, since email is the most widely used gateway for attackers, it is considered good hygiene practice to enable spam filters on email and to blacklist access to insecure websites. ..

Backup - The only security network that guarantees regular and detailed backups of your important files will prevent hackers from damaging your business. Regular research has shown that ransomware is effective when regular backups are not kept.