Extortion as a Service (EaaS) represents a growing and highly organized segment of cyber threats. In this model, threat actors and marketplace facilitators provide extortion tactics like ransomware as a purchased service, such as managed ransomware. This transforms what once was a specialised criminal endeavour into something any motivated attacker can deploy.

Understanding the real dangers, recognizing why compliance matters, and working with trusted security partners represent the best defense for organizations operating in this high-risk environment. 

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Ransomware isn’t going anywhere… in fact, it’s only growing. As several studies show, the threat of ransomware associated with attacks like phishing and APTs is only increasing, and hacking groups are leveraging ransoms to generate significant revenue while also threatening proprietary data. 

The latest threat, the Rhysida malware, is just the latest of these threats tearing through the healthcare and financial industry. 

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Ransomware is one of the most significant security threats and perhaps one of the most recognizable threats in modern cybersecurity. These attacks cost businesses millions of dollars and can result in the loss of massive volumes of mission-critical information that supports business operations, national infrastructure, or government agencies. As part of the Cybersecurity Framework, the National Institute of Standards and Technology has released a new internal report known as the “Ransomware Report” (NISTIR 8374) to aid agencies and companies in resisting these threats. 

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