September 24

IT Support on Long Island: Understand RaaS (Ransomware-as-a-Service) and the Dangers of Ransomware

Ransomware is nothing new. It first became prevalent in 2016 when a religion-based medical center in Hollywood spent about $17,000 bitcoin to get the hospital back online. From then on, ransomware has become the forefront of cyberattacks. It primarily focuses on government organizations and the healthcare industry. In the past, it took some technique and skill to launch such an attack. Hackers needed coding skills to write the program. However, with ransomware-as-a-service (RaaS), the game has changed. It is essential to have IT support for your Long Island business to fight back.

What Is Ransomware?

The first step is to understand what ransomware is and why RaaS makes it worse for business owners. In short, ransomware is a type of malware that can encrypt part or all of your system so that it cannot be used until you pay a ransom fee. Usually, this price is quoted in bitcoin and is paid to the hacker who can then give you a unique key to unlock the device.

While data breaches tend to steal consumer’s sensitive data, ransomware will not access any data or files. Instead, it locks down everything so that you can’t use it.

Paying the hacker could go either way. Once they get the money, they might not send anything back or may send the wrong key.

Read on: IT Support on Long Island: Top 3 Business Benefits of Using Project Management Software


What Is RaaS (Ransomware-as-a-Service)?

Primarily, RaaS is a criminal method of SaaS (software-as-a-service). It is typically sold through a subscription model and is usually cloud-based. Sometimes, however, there isn’t a subscription fee. Some developers use an affiliate model, where the developer gathers together all of the ransom money extorted, takes some for themselves as a commission, and passes the remainder on to the rest of the partners.

Having the right IT support for your Long Island business can help you offset ransomware and the newest form, RaaS. The department or company (if you outsource) can install software solutions onto your servers, computers, laptops, and other devices to keep ransomware away in all of its forms.

Though some RaaS applications are quite complex, most of them are easy to use. They feature simple user interfaces, online portals, and the hacker doesn’t need to know coding. Many times, these ‘vendors’ include customer service online, similar to a SaaS developer. That way, subscribers can get the campaign set up more quickly. Having managed IT support on Long Island is more important than ever. You must be able to prevent these traditional and modern attacks.

Of course, with RaaS on the forefront, anyone can become an extortionist. There have been many more ransomware attacks because of it. If you have been a victim of ransomware or RaaS, it might be time to consider having IT support on Long Island. Contact us at Total Technology Solutions to get help preventing these and other cybersecurity attacks.

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