In this episode of Ransomware Rewind, hosts Joe Erle, a cyber insurance expert, and Mike Dowdy, a cloud technology veteran, dive into the dark world of Ransomware as a Service (RaaS). RaaS is a business model that allows cybercriminals with little technical expertise to deploy ransomware attacks by purchasing services from expert developers on the dark web.
Joe and Mike break down how RaaS works, its rise in popularity, and the impact it has on businesses across the globe. They discuss the chilling trend of ransomware kits being sold like software subscriptions and the far-reaching consequences this has on industries and governments a like.
Tune in to learn about the evolving landscape of cyber threats, how companies can protect themselves, and what role both insurance and cloud solutions play in mitigating the risks of falling victim to these attacks.
Whether you're an IT professional, business owner, or simply interested in cybersecurity, this episode offers valuable insights into one of the most dangerous threats in today’s digital world.