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What is Ransomware as a Service (RaaS)?

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      August 16, 2024 1:11 AM MDT
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  • Ransomware may strike your company anytime. Airgap Network ransomware Kill switch protects your infrastructure against ransomware. The Ransomware Kill Switch understands how ransomware exploits open business network architecture, increasing its devastating reach in minutes.

      July 19, 2022 11:05 PM MDT
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  • Ransomware attacks are on a steep upward trend and the gradient isn't softening its progression.To get more news about RaaS, you can visit glprobotics.com official website.

    In Q3 2020, ransomware attacks have increased globally by 40% to 199.7 million cases. In the U.S. alone, attacks have increased by 139% year-over-year, totaling 145.2 million cases in Q3 2020.

    The impetus to the sudden recent spike in ransomware attacks, was the dramatic shift from a linear attack model, to an insidious multi-dimensional Ransomware as a Service model.To learn how this new ransomware model operates, and how your business can best defend itself, read on.

    What is RansoRansomware as a service (RaaS) is a subscription-based model that enables affiliates to use already-developed ransomware tools to execute ransomware attacks. Affiliates earn a percentage of each successful ransom payment.

    Ransomware as a Service (RaaS) is an adoption of the Software as a Service (SaaS) business model.in the past, coding erudition was a requirement for all successful hackers. But now, with the introduction of the RaaS model, this technical prerequisite has been completely diluted.

    Like all SaaS solutions, RaaS users don't need to be skilled or even experienced, to proficiently use the tool. RaaS solutions, therefore, empower even the most novel hackers to execute highly sophisticated cyberattacks.RaaS solutions pay their affiliates very high dividends. The average ransom demand increased by 33% since Q3 2019 to $111,605, with some affiliates earning up to 80% of each ransom payment.

    The low technical barrier of entry, and prodigious affiliate earning potential, makes RaaS solutions specifically engineered for victim proliferation.For the RaaS model to work, you need to start with expertly coded ransomware developed by skillful ransomware operators. The ransomware developers need to be reputable to compel affiliates to sign up and distribute their malware.

    Reputable RaaS developers create software with a high chance of penetration success and a low chance of discovery.

    Once the ransomware is developed, it's modified to a multi-end user infrastructure. The software is then ready to be licensed to multiple affiliates. The revenue model for RaaS solutions mirrors SaaS products, affiliates can either sign up with a one-time fee or a monthly subscription.

    Some RaaS solutions, don't have monetary entry requirements and affiliates can sign up on a commission basis.

    Ransomware affiliates are supported with onboarding documentation containing a step-by-step guide for launching ransomware attacks with the software. Some RaaS distributors even provide affiliates with a dashboard solution to help them monitor the status of each ransomware infection attempt.

    To recruit affiliates, RaaS post affiliate opening on forums on the dark web. Some ransomware gangs, like Circus Spider, only recruit affiliates with specific technical skills, due to their higher chances of claiming prestigious victims.Other ransomware gangs are purely interested in rapid distribution and have very soft affiliate requirements.

    Each new affiliate is given a custom exploit code to for their unique ransomware attacks. This custom code is then submitted to the website hosting the RaaS software for the affiliate.With the affiliate hosting site updated, RaaS users are poised to launch their ransomware attacks.
      July 18, 2022 8:08 PM MDT
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