Ransomware-as-a-Service: The Dark Web’s Booming Business Model Introduction Ransomware attacks have been increasing in the last few years, and businesses and individuals have been victims of highly advanced cybercriminals who demand huge ransoms to restore their compromised systems. The advent of Ransomware-as-a-Service (RaaS) has only increased the frequency of such attacks, and the dark web has become a hub for cybercrime. This article discusses the RaaS business model, how it operates, its impact on cybersecurity, and how to minimize its threats. What is Ransomware-as-a-Service (RaaS)? Ransomware-as-a-Service (RaaS) is a business model in which professional cybercriminals offer ransomware software to less…
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