Excerpt from ABC News
Ransomware-as-a-service refers to a business model where ransomware variants are leased to cyber criminals.
“And then that means the number of people who can do it effectively has grown significantly,” Stamos said.
Ready-made software and utilities exist on the so-called “dark web” that a tech-savvy user could access to bring a company’s productivity to a standstill, according to Dr. Vikram Sethi, a professor, cybersecurity researcher and the former director of the Institute of Defense Studies and Education at Wright State University.
“This phenomena of working from home has created a new generation of hackers and miscreants who are using their time to do this,” Sethi said. “The time is there, the opportunity is there.”
“The number of software and tools that are being readily made available on open sites that people can download and use has risen dramatically,” he added.
