Ransomware-as-a-Service: Rampant in the Underground Black Market

Given the popularity and success of ransomware, it is no surprise that malware authors have been developing more ransomware than ever before. Last year’s cost of ransomware attacks reached $1 billion, which not only shows how this affects businesses, but for cybercriminals the potential pay-out for cyber-extortion can be very lucrative. The rise of ransomware infections may also be attributed to the attractiveness growing availability of Ransomware-as-a-Service (Raas). Ransomware authors posts are now developing user-friendly...

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