The latest news in the IT security industry is all about Ransomware-as-a-Service (RaaS for short) which is a strain of malware designed to be easy to use, deploy, and infect victims. Ultimately, the goal of these viruses is to collect a ransom in exchange for decrypting the victims files. With RaaS, the host of the malware (where the servers live and are maintained) gets a percentage of the ransom – usually around 5% to 20% – and the remaining cash goes to the RaaS subscriber who actually deployed the virus.
With the evolution of Ransomware-as-a-Service we are seeing more and more attacks. This impact is being amplified by recent behavioral changes within the ransomware like offering discounts to victims for infecting others. These type of crowd sourced exploits are especially vicious as they play strongly on human behavior and drastically widen the attack radius. When all is said and done there is no concrete solution to preventing these types of attacks. The best that you can do is layer your security, and have a good backup because no single solution is ever going to be 100% effective.
Find out how our Managed IT Services can help keep your company protected against these types of viruses.