As of now, data theft is the leading criminal activity in the cyber world. However, the ongoing proliferation of ransomware suggests that this can change. Many in the field believe that ransomware has the potential to be the next leading threat in the cyber world, displacing data theft to the second place. There are various solid reasons for this assertion.
Popularity of RaaS
The introduction of Ransomware-as-a-Service has made the exploits of cryptovirology very instant. Now everyone, even without any track record of cybercriminal activity, can launch cyber attacks with the help of RaaS. These products are easily available on the Dark web and can transform any user into a ransomware operator. RaaS sets up a business model with the stream of extortion money coming out from ransomware removal payments.
Spray and Pray Strategy
‘Spray and Pray’ is actually a firearm slang used for a burst fire at the target without actually targeting any particular spot. The similar strategy is being used by ransomware operators to distribute the cryptovirological strain. It is actually accomplished by targeting hundreds and thousands of users in one go. This mass distribution actually increases the chances of a successful exploit. In contrast, data thefts must always be premeditated and targeted to get any tangible benefit from the activity. This edge of ransomware over data theft can speed it to become the leading cyber threat.
Direct and Immediate Results
Data thefts only turn into a success when criminals can get some monetary or another tangible benefit out of it. On the other hand, a cryptovirological activity gives immediate results. Affecting the computer with encryption and then ripping off the affected user for providing ransomware removal solution is a simplest and yielding business models for cybercriminals.
The demand for professional ransomware removal services will increase manifold if this assertion becomes a reality in the future.
