Technical solution director at BitDefender, Martin Zugec, likened ransomware-as-a-service (RaaS) to the gig economy at an Infosecurity Europe event. Calling out misconceptions about RaaS, he clarified that the model is profit-sharing, not a paid service, and does not necessarily enable unskilled hackers to engage in cybercrime. Zugec highlighted five gig economy factors behind RaaS: use of independent contractors, variable profit, use of an online platform, payment on tasks and flexibility. He also revealed between 76% and 90% of ransom payments go to affiliates, not operators.
News – Masimo reports cyber incident affecting production sites – teiss
Masimo has reported a cyber incident that has impacted its production sites. The company is currently assessing the situation to understand the extent of the
