Though it might be hard to believe, Cybercrime-as-a-Service has arrived. Police suspect as few as couple hundred people might be behind this development in the black market. These tech geeks have created an attack code, as well as services, that empowers those who lack tech expertise to pay a fee for cybercriminals to digitally attack a selected target. Our IT services team in Boca Raton is here to help you understand the seriousness of these attacks and ultimately shield your organization against them.
The Nuts and Bolts of Cybercrime
Digital security experts are warning business owners and managers far and wide about the rise of Cybercrime-as-a-Service. Digital miscreants are going as far as installing malware on a target's computer and selling access for easy data pilfering. In fact, some are selling malware subscriptions. It is even possible to purchase a subscription to a ransomware toolkit that conducts an automated attack.
Cyber extortion schemes are also on the rise in which criminals issue the threat of launching a distributed denial-of-service attack against targets unless bitcoin is paid to the attackers. Stresser or booter services that sell DDoS (Distributed Denial of Service) attacks are relied upon to carry out the threat. Rely on our IT services team in Boca Raton to combat DDoS attacks as well as other online threats and you will heighten the chances of proceeding with businesses as usual instead of being plagued by a barrage of discrete attacks.
The Rise of Ransomware
It is quite shocking to learn new ransomware families continue to emerge with each passing year. Those with the right connections can pay a fee to a ransomware specialist to hold a computer or network hostage until the ransom is paid in the form of bitcoin. As an example, an affiliate program referred to as Atom is centered on ransomware known as Shark. Shark provides customers with upwards of an 80% share of profits for each payment received by those victimized by ransomware.
The criminals who provide Ransomware-as-a-Service and other cybercrime services are becoming quite skilled at concealing their activities from the view of others. Operational security, also known as OPSEC, has emerged to make it uber-difficult to track online activities. As an example, criminals often include the use of a VPN service or a Tor browser for anonymous web activity. Furthermore, the use of bitcoins makes it quite challenging to track the exchange of value between the cybercriminal and customers as this cryptocurrency is challenging to trace.
If you are concerned about your company's cybersecurity, do the smart thing by reaching out to our IT services team in Boca Raton for assistance. Contact us at Nexxen Technologies to learn more.