But the link is apt, as the experienced cybercriminals follow the same strategy, except for the fact they are dealing in malicious – and worryingly effective – software. Those working in tech will know that RaaS is something of a play on the term SaaS (Software as a service). Think of this as an affiliate program, where skilled cyberhackers rent out tailor-made ransomware tools to budding criminals in return for a slice of the profits. Most notably, we have seen increased internet searches for the term RaaS (Ransomware as a Service). However, there is more and more evidence coming to light of cybercriminals brazenly advertising their wares. There is an erroneous assumption made by many of us that cybercrime is something that occurs in the shadows, that it is anonymous, perhaps only discussed in the far reaches of the deep web.
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March 2023
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