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Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
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1. Things You Should Know About Ransomware As A Service (RaaS)
The proliferationof Ransomwaremultitudesyear-over-yearandshowsnosignof stoppinganytime
soon.Its wrathhas broughtmany public/private enterprisesandSMBsto theirkneesfora massive
ransomand disruption.Besidestargetingprime industrieswithmaliciousvectors,manyransomware
actors have alsotransformeditintoa high-payingrevenuemodel byofferingitasa service.
RaaS ineasy words
Puttinginthe software asa service (SaaS) orplatformasa service’s(PaaS) shoes,ransomware asa
service (RaaS) offersaninteractivepackage.A typical RaaSservice includesawell-etchedinterface,a
dashboardto control the entire operation,aransomware vector,andoftenahelpline, userreviews,and
forums.
RaaS operatorsoffertheirservicesinthree differentbusinessmodels- timelysubscription,lifetime
license,andaffiliate program.
2. Jigsaw Ransomware as a service custom message
SubscriptionModel
The subscription-basedRaaSservice worksjustlikeanyotherSaaSor streamingservice.The operator
(often,agroupof malware authors) offersitsransomware-relatedservice foralimitedperiodin
exchange fora mentionedprice inBitCoin,Ethereum, andotherpopularcryptocurrencies.
Lifetime Licensing
Operatorsofferingalifetime licenceprovidefullyloadedransomware kitsandrequiremalicioustoolsto
execute the menace.Theseservicesare waymore expensivethantheirsubscription-based
counterparts.
Read More: Sodinokibi Ransomware And QBot Malware: The (R)Evil ConnectionExplained
The Affiliate Model
These operatorsofferaffiliateprogramsandoftenpublishadvertisementsonthe darkweb.Onthis
model,the affiliatesare oftenexperiencedwithmalware kill chainsbutsometimeshave zeroexposure.
In suchattacks, the affiliateschoose the victims,execute the operationwiththe operator’shelp, and
pay roughly20-30% of the ransom.SophisticatedRaaSservicesautomaticallycollectthe operator’scut
as soonas the victimpaysout.
Besides,manyransomware operatorspartnerwithothermalware developersandshare the money
accordingto theircontribution.
Out of these fourrevenue models,anaffiliate-basedbusinessmodel ismore prevalent.
3. How affiliatebasedRaaSWorks
Most of the RaaS modelsfollow astandardworkflow model mentionedbelow.
The developerbuildsorrefurbishesaransomware killchainabusingaspecificsetof exploits.
Once the affiliate getsaccess,theyupdate the payloadhostingsite withthe exploitcode.
The affiliate wouldidentifyandobserve the victim,determine aninfectionvector,andembedit
on a spear-phishingemail.
Affiliatesoftenbuyadditional Phishingasa Service (PaaS) tolure the targetvictimviaemails.A
typical PaaSinfusedemail bundlingmaliciouswebsites,emaillists,andmanyhackingtools.
Once the victimclickson the maliciouslink,the target’sinternettrafficautomaticallyredirects
to the rogue website.
The website uploadsthe ransomwarepayloadonthe victim’ssystem/network.
Once activated,the ransomware modifiesthe system/networktoestablishitsreign.Laterit
identifiesanddestroysexistingdatabackups,encryptsthe targetfiles,anddeterminesother
targets.
4. Once the target filesare encrypted,the RaaSdashboardsendsacustomransom note with
detailedinstructions.
If the victimpaysthe ransom,the processwouldinvolve amoneymule toforwardthe moneyto
multiple forgedaccountstomaskthe affiliateandthe developer’sidentity.
If the victimfailstopay,the developercouldleakthe victim’ssensitive dataondark web-based
websitestothreatenthe businessintegrity.
Once everythinggetssorted,the affiliate sometimesdeliversthe decryptorprogramtothe
victim.
Satan ransomware as a service
InfamousRaaSfamilies
Dark weboffersaplethoraof RaaS like StamPado,RaaSBerry,FrozrLocker,DiamondFox,Sodinokibi,
Satan and more onseveral marketplaces.Andtheirprice differsaccordingtotheirlevel of
sophistication.
These groupsoftenhave hundredsof affiliatesworldwide andmake billionsof dollarseveryyear.For
instance,GandCrabaffiliatesextractedroughly$2billioninextortionpayoutfromitsvictimsinits
fifteenmonthsof existence.Before disappearinginOctober2019, GandCrab developersassertedthat
theiraverage weeklyearningswere roughly$2.5million.Thoughdisappeared,multiplemalware strains
and codingpatternshave determinedthatthe grouphasreincarnatedasSodinokibi.The RaaSservice
offersa customizedsolutiontoitsaffiliates.
5. Ryuk,Phobos,SmaugandDharma are othersignificantRaaSoperators.Smaugofferscustomized
ransomware solutionsaccordingtovictimsoperatingsystems,includingWindows,macOS,andLinux.
NotoriousRaaSoperatorRyukwhichhas victimizedmanystate andlocal governments,schools,
universities,hospitals,andotherbusinesses,offersacomplete dashboardandenhancedcustomer
supportto itsaffiliatesforbeingmore interactive anduser-friendly.
On the otherhand,Dharma, whichhasremainedactive since 2016, has takendowna seriesof
enterprisesandSMBslocatedinIndia,Russia,China,andJapanvia affiliateswithamateurknowledge.
Anotheractive RaaSPhobosgetsofferedinmultipleavatarssuchas EKingand primarilytargetsRemote
DesktopProtocol (RDP).
Adequate Safeguards
ThoughsophisticatedRaaSmostlyeyesenterprisesandgovernmentbodies, afew operatorsstill prefer
small andmediumbusinesses(SMB).
Followingare the listof safeguardswe stronglysuggesttothe enterprisesacrosssizesandthe end-
users:
Enterprisesshouldperformassetmanagementforall the existingcomputers,servers,data,
software platforms,applications,andclientsandmaintainastrategyto allocate resources.
Ensure disablingthe macroservice if anyof your computersstill use anolderversionof
MicrosoftOffice.
Ensure all your data getsbackedup inan encryptedformatregularly.
EnterprisesandSMBs shouldarrange necessarysecurityhygiene seminarsandwebinarsforall
employees.Inaddition,the awarenesscampaignshouldofferadequate knowledgeabout
identifyingsuspiciousemails,socialengineeringattacks,shadow ITpractices,andsoftware
hygiene.
Install a robustmulti-layeredcybersecuritysolutionsuchas K7 Enterprise Security whichoffers
anti-ransomware,host-basedintrusiondetectionsystem(IDS) andintrusiondetectionsoftware,
email filter,rogue website detector,andmanymore.
Install all the available patchesandupdatesforyourapplicationsoftware,operatingsystem,and
otherinstalledsolutions.