🐡 PhaaS - Phishing-as-a-Service; RaaS - Ransomware-as-a-Service
🐸 PhaaSSS is such a vibe, fam.
That is so RaaSSS, chief, no cap. It sounds like terms the cool Gen-z kids are saying these days. Unfortunately, we can’t just shake our heads and say ai adai, these kids nowadays. Social engineering just got a bit more complex, and we need to keep up with the times. Phishing-as-a-Service and Ransomware-as-a-Service is a threat CISO’s all over the world are paying close attention to. In the cybersecurity curve, this is emerging to be the next evolution of Social Engineering.
Ransomware-as-a-Service (RaaS)
RaaS is where criminals create, host, and sell ransomware to other criminals in the dark web. This means that even individuals with limited technical knowledge can launch sophisticated ransomware attacks. RaaS has significantly lowered the barriers of entry for cybercriminals, making it easier for them to target organizations like yours.
Phishing-as-a-Service
PaaS is another Cybercrime-as-a-Service trend that allows criminals to purchase phishing campaigns targeting specific organizations or individuals. These campaigns typically involve sending fraudulent emails that appear to be from legitimate sources, tricking recipients into reveling sensitive information or downloading malicious software.
📈 Staying Ahead of Emerging Threats
As the threat landscape of cybersecurity constantly evolves, it's critical to stay ahead of the curve and take proactive steps to protect yourself and your organization from emerging threats. Keep these in mind when building out your cybersecurity strategy.
Educate your employees. Talk about it at work: 80% of cybercrime can be traced back to human error. This is a direct attack on your users to gain access to your systems.
Regularly Update Software: Keep all software and systems up-to-date with the latest patches and security updates.
Implement a robust data backup and recovery plan: have them in multiple secure locations, test the process, and encrypt your backups files
Update your security policies: each organization is different, and the landscape is evolving. Review regularly with IT, Execs, and Ops.
Stay Informed: refer this newsletter to your coworkers so you can discuss these ideas together. Two minds are better than one.
Remember, cybersecurity is a shared responsibility, and it's up to all of us to stay vigilant and take proactive steps to protect ourselves and our organizations. By following these proactive steps, an organization can reduce their risk of a successful cyber attack.
