Ransomware as a Service: A new threat to businesses everywhere


Cyber criminals have been attempting to extort money from individuals and companies for many years, and the latest attempt to take advantage of others is by using Ransomware as a Service, or RaaS. A ransomware virus infects a computer when a user clicks a link and unknowingly download a malicious file. The ransomware virus then encrypts the computer’s files and promises to render them useless unless the victim pays a ransom. The cost varies greatly and groups sending these out can bring in hundreds of millions of dollars in profits. RaaS makes it even easier for criminals to deploy ransomware viruses. All they have to choose a ransomware virus, set a ransom amount and deadline, and then trick their victims into downloading it onto their computer. What to do if systems become infected with ransomware If you have been attacked with ransomware, consider the following: Tell the hacker you will pay, but that you need time to get the cash. Gather all correspondence from the hacker. Tell t
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