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

Ransomware as a Service (RaaS) is a business model in which cybercriminals use ransomware software as a service to other cyber attackers. This model operates similarly to legitimate Software-as-a-Service (SaaS) platforms, offering user-friendly interfaces and support to enable even those with limited technical skills to launch ransomware attacks. RaaS providers develop and maintain the ransomware, handle payment processing, and often offer customer support to their criminal clients. In return, they take a percentage of the ransom payments collected. This model has significantly lowered the barrier to entry for cybercriminals, leading to an increase in ransomware attacks. Organizations can mitigate the risk of RaaS attacks by implementing strong cybersecurity measures, such as regular data backups, employee training, and robust network security protocols.

Resources

Wrapsody

Product Overview

Secure your sensitive documents from ransomware attacks with content virtualization and individual access control (ACL) for each virtualized file, providing the most comprehensive security regardless of content location.
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Fasoo Content Backup and Recovery

Product Overview

Prevent critical data loss with automatic data backup and instant recovery. FC-BR supports easy backup and restoration for you to prepare for and recover from cyber-attacks.
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Fasoo Launches FC-BR to Safeguard Valuable Data Against Ransomware...

Press Release

Organizations need to protect against data loss through ransomware and user and system errors but are also concerned about cost, efficiency, and utility. Learn how FC-BR can help!
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FC-BR

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