Ransomware as a Service: A new face for digital threats

We’ve previously discussed the evolving face of cybersecurity and the threat environment posed to businesses on this blog. One of the most rapidly shifting threats is ransomware, which has traditionally been one of the main hazards facing companies and firms with any sort of internet presence.

As discussed at length in WeSecureApp’s writeup on the issue, one of the major challenges facing firms is the evolution of ransomware as a service – a newer approach by cybercriminals decoupling malware development from deployment. Programmers can develop malware and offer it to buyers, who then provide the network for spreading it and using it to attack individuals and organizations. This greater flexibility makes for a larger host of threats, as well as making it legally harder to shut down all aspects of the operation by law enforcement.

by Matúš Koronthály

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As a consequence of this, it has become ever more important to ensure that your data is kept safe and secure. The most obvious step is to ensure all your relevant data is protected in an archive; this allows a quick restoration in the event of attacks without having to pay the attackers for restored access. This capability should form the cornerstone of any recovery plan for a modern company working in the modern digital environment.

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Source: WeSecureApp