Ransomware driving professionalization of cyber crime

The success of ransomware gangs has spurred a significant trend of professionalization amongst cyber criminals where different groups develop specialized services to offer one another, according to a new report from WithSecure™.

Ransomware has been around for decades, but the threat has continuously adapted to improvements in defenses through the years. One notable development is the current dominance of multi-point extortion ransomware groups, which employ several extortion strategies at once (usually both encryption to prevent access to data and stealing data to leak publicly) to pressure victims for payments.

https://www.withsecure.com/en/whats-new/pressroom/ransomware-driving-professionalization-of-cyber-crime