Everyone has heard of Hardware-as-a-Service (HaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service(PaaS), and Software-as-a-Service (SaaS). But have you heard about Ransomware-as-a-Service (RaaS)? This RaaS scheme is allowing even the most technically illiterate criminals to extort money from victims by using data-encrypting malware. And guess what? It’s working.
Cerber is one of the largest active RaaS systems today, and a new report by Check Point showed that their RaaS program has more than 160 participants with a combined direct sales of almost $200,000 in July. That puts them on track to make $2.3 million this year despite only 0.3% of victims paying up.
Here’s how it works: Aspiring cyber-criminals use the Cerber platform to easily create their campaigns and then keep 60% of the profits. The user-friendly management tools make it simple for these criminals to launch Ransomware campaigns. According to research by Check Point, “every day eight fresh Cerber Ransomware campaigns are launched”.
If you haven’t caught on quite yet, the ramifications of this are huge. First, there are going to be even more companies like Cerber creating RaaS systems like this. Just this week Symantec reported on a new RaaS that competes with Cerber. Second, the number of cyber-criminals is about to increase drastically. Now that launching Ransomware campaigns requires hardly any difficult tech skills, more and more people are going to begin jumping on the bandwagon. And finally, your end-users are about to receive even more phishing emails that put your company at risk. Despite advanced firewalls and anti-phishing programs, some of these emails are still going to slip through the cracks. There is almost nothing that can be done to stop it. The only solution is to educate your end-users!
Our solution: BECA recommends a program called KnowBe4 to all of our clients. KnowBe4 allows you to create test phishing emails that you can send out to your end-users. An easy-to-use dashboard allows you to monitor which users click on the links within the test email and who needs to receive training. Short training videos are available for you to send out to those users to show them the dangers of clicking on suspicious links. KnowBe4 makes it EASY for you to educate your end-users and protect your company!
Interested in learning more about KnowBe4? BECA is a KnowBe4 partner and trusted reseller. We also offer services where we handle all of the test email creation, sending, and monitoring. Our engineers will test your end-users and schedule the correct training for each user. All you have to do is sit back and watch your dashboard to see who is clicking on the test emails. It is that simple! All you have to do is contact us to set up a free appointment – 404.633.2551 or email@example.com
See a LIVE demo of KnowBe4 at our Security Lunch & Learn THIS THURSDAY from 11:30am-1:30pm. Lunch is included, and our engineers will be showing you all the best ways you can protect your company from Ransomware and other dangerous Malware. Seats are limited, so make sure you reserve your spot here.