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Ransomware-as-a-Service (RaaS) Evolved as a Predominant Framework for Ransomware Attacks

Ransomware-as-a-Service (RaaS) Evolved as a Predominant Framework for Ransomware Attacks

Ransomware-as-a-Service (RaaS) is transforming cybercrime by enabling unskilled criminals to launch sophisticated attacks. This subscription model provides customizable payloads and support, leading to industrial-scale operations. RaaS groups employ double extortion tactics, demanding cryptocurrency ransoms from vulnerable sectors. Global ransomware damages are projected at $30 billion annually, reflecting increased payment averages and advanced infection techniques.

Source: cybersecuritynews.com –

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