Cybersecurity Fact: Ransomware-as-a-Service (RaaS)

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Ransomware attacks have become increasingly sophisticated with the advent of Ransomware-as-a-Service (RaaS).

This model allows cybercriminals with little technical expertise to launch ransomware attacks by "renting" ransomware tools from skilled developers.

The developers provide the malicious software, infrastructure and even customer support while taking a percentage of the ransom payments.

This democratisation of ransomware has led to a significant increase in the number and variety of ransomware attacks, making it a major threat to organisations of all sizes.

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