How ransomware became big business

On today's International Anti-Ransomware Day, cybersecurity company SentinelOne has publishes a blog looking at on how ransomware has evolved over the past 10 years. It highlights how Ransomware-as-a-Service (RaaS) has matured into a scalable, profit-driven model, with revenue-sharing, affiliate recruitment, and performance incentives fuelling rapid expansion across the cybercrime ecosystem. 'In ten years, RaaS has evolved from a curiosity into a global industry,' says Jim Walter, senior threat researcher at SentinelOne. 'The service model has lowered the barrier to entry so much that even unskilled actors can now participate. Meanwhile, the most advanced groups operate with professional polish, strong branding,… [Continue Reading]