Ransomware Group Quits International Feds Going After Renting Ransomware Attacks

The Insecurity Brief

Ransomware as a service (RaaS) is a subscription-based model that enables affiliates to use already-developed ransomware tools to execute ransomware attacks. Affiliates earn a percentage of each successful ransom payment. Ransomware as a Service (RaaS) is an adoption of the Software as a Service (SaaS) business model.

Ransomware Group Quits International Feds Going After Renting Ransomware Attacks

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#Ransomware

BlackMatter Ransomware Reportedly Shutting Down; Latest Analysis Released

An analysis of new samples of BlackMatter ransomware for Windows and Linux has revealed the extent to which the operators have continually added new features and encryption capabilities in successive iterations over a three-month period. No fewer than 10 Windows and two Linux versions of the ransomware have been observed in the wild to date, Group-IB threat researcher Andrei Zhdanov said in a report shared with The Hacker News, pointing out the changes in the implementation of the ChaCha20 encryption algorithm used to encrypt the contents of the files.

https://thehackernews.com/2021/11/blackmatter-ransomware-reportedly.html

RANSOMWARE AS A SERVICE (RAAS) EXPLAINED

Ransomware as a Service (RaaS) is a business model used by ransomware developers, in which they lease ransomware variants in the same way that legitimate software developers lease SaaS products. RaaS gives everyone, even people without much technical knowledge, the ability to launch ransomware attacks just by signing up for a se