Browse Definitions :
Definition

ransomware as a service (RaaS)

Contributor(s): Matthew Haughn

Ransomware as a service (RaaS) is the offering of pay-for-use malware created for extortion over stolen or encrypted data, known as ransomware.

The author of the ransomware makes the software available to customers called affiliates who can use the software to hold people’s data hostage with relatively little technical skill. The use of RaaS allows affiliates to enter an area of extortion practices that was previously exclusive to the authors themselves.

For the malware author, the business model allows them to scale their earnings from their software with less personal risk than incurred if they use it themselves. Offering their software to others removes them from the final crime by having another perform the act of ransom.

An uptick in the number of ransomware infections has been attributed by many security experts to the advent of RaaS. McAfee security researchers claim that the RaaS model has an ability to create vast affiliate networks, enabling ransomware such as CTB-Locker to increase their impact.

While affiliates might take the chance of paying for RaaS via credit card, cryptocurrency is often used as payment.

This was last updated in December 2018

Continue Reading About ransomware as a service (RaaS)

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

SearchCompliance

  • compliance audit

    A compliance audit is a comprehensive review of an organization's adherence to regulatory guidelines.

  • regulatory compliance

    Regulatory compliance is an organization's adherence to laws, regulations, guidelines and specifications relevant to its business...

  • Whistleblower Protection Act

    The Whistleblower Protection Act of 1989 is a law that protects federal government employees in the United States from ...

SearchSecurity

  • Cybercrime

    Cybercrime is any criminal activity that involves a computer, networked device or a network.

  • data breach

    A data breach is a confirmed incident in which sensitive, confidential or otherwise protected data has been accessed and/or ...

  • zero-day (computer)

    A zero-day vulnerability, also known as a computer zero day, is a flaw in software, hardware or firmware that is unknown to the ...

SearchHealthIT

SearchDisasterRecovery

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

  • business continuity software

    Business continuity software is an application or suite designed to make business continuity planning/business continuity ...

  • business continuity policy

    Business continuity policy is the set of standards and guidelines an organization enforces to ensure resilience and proper risk ...

SearchStorage

  • business impact analysis (BIA)

    Business impact analysis (BIA) is a systematic process to determine and evaluate the potential effects of an interruption to ...

  • RAID (redundant array of independent disks)

    RAID (redundant array of independent disks) is a way of storing the same data in different places on multiple hard disks to ...

  • dedicated cloud

    A dedicated cloud is a single-tenant cloud infrastructure, which essentially acts as an isolated, single-tenant public cloud.

Close