Are You Doing Enough to Combat Ransomware-as-a-Service Cybercrime?
“We do it that way because that’s the way it’s always been done.” We’ve heard that phrase a time or two over the years when we ask about an organization’s current disaster recovery or incident response plans. However, that logic doesn’t hold up anymore. Cybercriminals latest innovation includes offering ransomware-as-a-service, a cybercrime business model where ransomware developers create malicious software and release it out to their affiliates, or in this case – other hackers, who then execute attacks. In return, the developers receive a percentage of the ransomware payments, creating a crime ring with experts now assisting each other to make the most profit. Cybercriminals are evolving their tactics; it’s time to evolve your defenses.