Crime-as-a-service has increased in recent years, particularly with the advancement of digitalization and networking. Crime-as-a-service considerably simplifies access to cybercrime tools and procedures for persons who lack the expertise or abilities to conduct cyberattacks themselves.
A cyber criminal does not require any technical or coding ability to launch an attack using CaaS. The CaaS vendor does all the groundwork for a successful cyberattack.CaaS includes a wide range of illicit services such as malware, ransomware, DDoS for hire, and cryptocurrency tumblers with a service fee or commission of total earnings.
A cyber criminal can launch a malware attack through CCaaS. Engage in cyber-extortion, conduct distributed denial-of-service (DDoS) attacks,send a phishing email,install keyloggers on victims’ devices,steal money from digital currency wallets, bank ATMs, and other sources.
