Has Your IT Services Firm in West Palm Told You About RaaS?

Has Your IT Services Firm in West Palm Told You About RaaS?

In recent years, there has been a significant amount of growth in corporate users who have been impacted by what is known as ransomware. A recent study has found that over the past 3-year period, the number of ransomware attacks has shot up by 600%. Ransomware is becoming a major problem. In fact, cybercriminals have taken it to a whole new level. There is now what is called Ransomware as a Service (RaaS). Has your IT services provider in West Palm Beach warned you about it? Have they even heard about it? As a business owner, you need to know what’s going on.

Cyber Attack for Sale

The new trend is that these criminals are putting the work that they do up for sale on the open market. They are taking their ransomware attacks that they have perfected and are selling them as a service to whoever wants to put up the cash for them. IT services professionals in West Palm Beach need to be aware of this so that they know how to protect their clients.

The one buying the ransomware simply needs to tell the RaaS seller which organization they want to target. It is as simple as that. That unlucky organization is then going to get hit by that ransomware attack, whether they are ready for it or not.

Stealing Data

The idea of a ransomware attack is to steal data and encrypt it permanently. The professional cybercriminal that carries out the attack is going to compromise the data, encrypt it in such a way that they are “taking full ownership” of it for the time being. They have access to all of the sensitive information; they have the ability to take away the encryption. It is up to the owner of that data to pay the ransom to get their data back or face the consequences of not doing so.

A ransomware attack is a scary thing because you are talking about Big Data and also huge businesses. Cyber criminals are making a great living, getting a lot of revenue coming in the door, through this type of service.

Every business owner needs to be made aware of the inherent risks, the safety measures, and what to do in the event of an attack. This is where your IT provider comes in. They need to be able to educate you and protect your business because ransomware attacks are becoming more commonplace, now more than ever before. And the number of victims will likely balloon even more in the coming years, thanks to RaaS. Do you feel safe with your IT provider? Are they doing their job on this front?

You Need Protection

What you need is an IT services provider in West Palm Beach that can stay on top of your network and make a significant difference. Our company at Nexxen Technologies, Inc. is the answer to your concerns and your potential issues. We can help you stay ahead of these ransomware attacks and prevent them from ever happening in the first place.