Malware-as-a-Service: A Lucrative Opportunity for Hackers

August 06, 2024 | A new report by Darktrace reveals the rising threat of Malware-as-a-Service (MaaS), which has seen significant growth due to its low entry barriers and subscription-based model. MaaS tools enable even novice attackers to launch effective cyberattacks with pre-packaged malware. The report highlights the continued success of older malware strains and the increasing use of “double extortion” tactics, where attackers encrypt and steal data to force higher ransoms. Organizations must adopt multi-layered security strategies and stay current with patches to combat these evolving threats.

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