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New Ransomware-as-a-service Program Will Cause a Spot in Malware Infections | Cyberops

New Ransomware-as-a-service Program Will Cause a Spot in Malware Infections

By Chandan Singh 0 Comment March 10, 2017

Not just a day goes by without a new malware making quite an impact. DOT ransomware, a new ransomware-as-a-service offering found on the dark web, makes the distribution of this powerful malware rather straightforward. No matter previous technical expertise, any wannabe online criminal may start a ransomware campaign within minutes. A very bothersome development, that much is certain.

When criminals start operating ransomware-as-a-service business models, things start going from bad to worse somewhat quickly. Dot ransomware is the latest such endeavor, which is quickly getting popularity among dark web users. Precisely what is even more troublesome is how this service exists free of charge, as long as the customer shares 50% of the spoils with the owner.

In the last year or two, the rise in demand for ransomware has recently been quite remarkable. With so many computers and sites around the world left over vulnerable to attacks, crooks are having a somewhat easy time for you to successfully encrypt sensitive data. The only way to restore data file access – in most cases – is to pay a ransom demand in bitcoin. Until now, this business model has confirmed to be quite successful.

Now that ransomware-as-a-service is becoming a new trend, things will only get worse from here on out. DOT ransomware can herald a brand new era of malware attacks on a global range, which may have severe outcomes for both consumers and enterprises alike. By providing malicious software to the clients totally free, there is no reason for online criminals not to give the service an attempt in the coming months. If perhaps this threat were to materialize, all hell would break loose.

Facilitating gain access to a lifetime of cybercrime is the previous thing the world needed right now. Dot ransomware allows anyone and everyone to turn into a becoming a cyber criminal in a matter of minutes. Although they will still have to talk about 50 percent of the spoils with the people in charge of this service business model, there is no problem with giving the service an attempt by any means. Rather, it is believed the ransomware industry will only grow bigger as time progresses.

Luckily, it seems there is no large-scale division campaign taking place just yet. Then again, with this free tool accessible by anyone, this is only going to be a matter of time. Advertisements for this service have already jumped up on hacking community forums and various Darknet industry until now. It is merely a matter of the time until someone decides to consider the dive and see what this service has to offer. After all, all it takes to get began is the Tor web browser and a Bitcoin address.

Once again, services like these will continue to give bitcoin a bad name. Although criminals prefer the popular cryptocurrency as a payment way for their crimes, bitcoin is not capable of providing hackers with anonymity or privacy. After the Dot ransomware client offers the necessary information, they will obtain a guide how to proceed. Users also have access to a dash so they can keep track of their “performance”. Ransomware-as-a-service is a very troublesome business model, which seemingly only grows more popular at this time.

source: themerkle.com

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