What is Ransomware as a Service (RaaS)?

Mysterious hooded hacker with a question mark for a face sits at open laptop with matrix code on wall behind them

Many healthcare businesses know about the importance of HIPAA compliant email, but they often wonder if they also need inbound email security tools. The truth is that cybercriminals are always actively working towards infiltrating networks, including setting up Ransomware as a Service businesses to aid hackers in extorting ransom demands.

What is Ransomware as a Service?

Ransomware as a Service (RaaS) model is similar to SaaS models where companies sell access to their services. RaaS gives ransomware tools to hackers in exchange for a percentage of a ransom payment. RaaS provides encryption keys, ransom collection via a payment portal, and even communication with victims that might need help paying with cryptocurrencies.

With the use of RaaS, hackers can focus their efforts on network penetration and spreading malware. They no longer need significant coding expertise to maintain ransomware and the backend infrastructure since RaaS providers take care of it.

This enables hackers to spend more time attempting to spread malware and collect ransom for stolen data.

How do hackers use RaaS?

Phishing emails continue to be one of the most common ways that hackers attempt to infiltrate a network. Employees often receive a legitimate-appearing email (using methods like display name spoofing) and click on links that start downloading ransomware provided by RaaS providers. 

If left unnoticed by IT, ransomware could disable an entire network, which leaves businesses in a vulnerable position to pay a ransom in exchange for getting their network back. RaaS providers will often communicate with the victims and ensure collection of payment is processed.

In this scenario, all a hacker needs to do is convince your employee to click on a link. The rest is taken care of by RaaS providers.

Is your healthcare data at risk of a ransomware attack?

RaaS has seen an increase in usage by attackers over the years since it makes it easier to hack a network. Since the pandemic began, there has been a rise of coronavirus-themed phishing email attacks. The healthcare industry saw a 600% increase in malicious emails as hackers tried to take advantage of overworked employees and the sudden move to remote work.

Paubox Email Suite Plus is the solution healthcare providers need to send HIPAA compliant email and have robust inbound security tools that protect them from threats like ransomware, spam, and viruses

Our patented ExecProtect tool prevents display name spoofing emails from even entering your employee’s inbox, which lowers the risk of human error causing ransomware to infiltrate your network.

All Paubox products are HITRUST CSF certified and include a business associate agreement (BAA). You can rest assured that your email security is in top shape with Paubox.

Try Paubox Email Suite Plus for FREE today.

About the author

Sara Nguyen

Read more by Sara Nguyen

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