Extortion-as-a-Service: The Latest Threat Actor Criminal Ecosystem
For centuries, threat actors, both cyber and physical, have understood the benefits of using extortion to further their criminal activities. This has led some cyber threat groups to create Extortion-as-a-Service (EaaS) businesses. These are a formalized way for cybercriminals to offer extortion services to others for a fee or profit share. And, as we shall see, it is just one of many newer -as-a-service models that threat actors are applying.