The cyber threats come in all shapes and sizes, from benign adware that is now considered legacy threats as they have become easily detected and removed to ransomware capable of locking your device, website and\or files. Ransomware authors are continually progressing with their methods have recently developed a new breed of threat called ransomware-as-a-service or also known as RaaS. What is RaaS? The ransomware itself has been around for many years now, but unfortunately, it had not been fully recognized as a top threat until a widespread attack of WannaCry virus in 2017. The attack began in Europe but moved swiftly to reach more than 250,000 computers in 116 countries in less than a week. WannaCry affected not only home users but also government organizations, hospitals, telecommunication providers, and universities. Once a computer is infected with ransomware, the user cannot access the files or programs at all until he pays an amount of money to the attacker within a limited period. Attackers usually demand about 600 – 1000 USD worth of Bitcoin from each computer. Now put in mind that WannaCry is not RaaS, but a conventional form of ransomware, albeit a powerful one. Ransomware falls under the RaaS category…
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