What is ransomware-as-a-service and how is it evolving?
Ransomware attacks are becoming more frequent and costlier—breaches caused by ransomware grew 41 percent in the last year, the average cost of a destructive attack rising to $5.12 milllion. What’s more, a good chunk of the cyber criminals doing these attacks operate on a ransomware-as-a-service (RaaS) model.