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What is Ransomware as a Service (RaaS)?

Overview

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Description

What is Ransomware as a Service (RaaS)?

 

Ransomware as a Service (RaaS) is a business model between ransomware operators and affiliates in which affiliates pay to launch ransomware attacks developed by operators. Think of ransomware as a service as a variation of software as a service (SaaS) business model.To get more news about RaaS, you can visit glprobotics.com official website.

 

RaaS kits allow affiliates lacking the skill or time to develop their own ransomware variant to be up and running quickly and affordably. They are easy to find on the dark web, where they are advertised in the same way that goods are advertised on the legitimate web.

 

A RaaS kit may include 24/7 support, bundled offers, user reviews, forums and other features identical to those offered by legitimate SaaS providers. The price of RaaS kits ranges from $40 per month to several thousand dollars – trivial amounts, considering that the average ransom demand in 2021 was $6 million. A threat actor doesn’t need every attack to be successful in order to become rich.
The most sophisticated RaaS operators offer portals that let their subscribers see the status of infections, total payments, total files encrypted and other information about their targets. An affiliate can simply log into the RaaS portal, create an account, pay with Bitcoin, enters detailson the type of malware they wish to create and click the submit button. Subscribers may have access to support, communities, documentation, feature updates, and other benefits identical to those received by subscribers to legitimate SaaS products.

 

The RaaS market is competitive. In addition to RaaS portals, RaaS operators run marketing campaigns and have websites that look exactly like your own company’s campaigns and websites. They have videos, white papers, and are active on Twitter. RaaS is business, and it’s big business: total ransomware revenues in 2020 were around $20 billion, up from $11.5 billion the previous year.

 

Some well-known examples of RaaS kits include Locky, Goliath, Shark, Stampado, Encryptor and Jokeroo, but there are many others and RaaS operators regularly disappear, reorganize and re-emerge with newer and better ransomware variants.
DarkSide is a RaaS operation associated with an eCrime group tracked by CrowdStrike as CARBON SPIDER. DarkSide operators traditionally focused on Windows machines and have recently expanded to Linux, targeting enterprise environments running unpatched VMware ESXi hypervisors or stealing vCenter credentials. On May 10, the FBI publicly indicated the Colonial Pipeline incident involved the DarkSide ransomware. It was later reported Colonial Pipeline had approximately 100GB of data stolen from their network, and the organization allegedly paid almost $5 million USD to a DarkSide affiliate.

 

REvil, also known as Sodinokibi, was identified as the ransomware behind one of the largest ransom demands on record: $10 million. It is sold by criminal group PINCHY SPIDER, which sells RaaS under the affiliate model and typically takes 40% of the profits.

 

Similar to TWISTED SPIDER’s initial leaks, PINCHY SPIDER warns victims of the planned data leak, usually via a blog post on their DLS containing sample data as proof (see below), before releasing the bulk of the data after a given amount of time. REvil will also provide a link to the blog post within the ransom note. The link displays the leak to the affected victim prior to being exposed to the public. Upon visiting the link, a countdown timer will begin, which will cause the leak to be published once the given amount of time has elapsed.

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