The Financial Dynamics Behind Ransomware Attacks
Security Affairs
JUNE 18, 2024
Initially, these attacks involved malicious software that encrypts a victim’s data, rendering it inaccessible until a ransom is paid to the attackers. RaaS : Mirroring the Legitimate SaaS Models In mid-2012, the ransomware ecosystem evolved with the introduction of Reveton , the first Ransomware-as-a-Service (RaaS).
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