BC Advantage - 2021 Issue 11

Two Hot Ransomware Items to Watch

The healthcare sector continues to be a target of cybercriminals. An area that continues to emerge is ransomware as a service (RaaS)-basically the adoption of a Software as a Service model, which is subscription-based and "enables affiliates to use already-developed ransomware tools to execute ransomware attacks." In turn, an affiliate pays a portion of the recovered ransom to the RaaS provider or the RaaS developer, such as Conti, which pays the deployers a wage.As the U.S. Department of Health and Human Services (HHS) relayed in its June 2021 report, the top five ransomware actors providing RaaS...

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