Ransomware-as-a-Service (RaaS) is a cybercrime model where ransomware is provided as a subscription-based service. It enables users, even those without advanced technical skills, to launch ransomware attacks.
The service providers typically receive a share of the ransom payments, facilitating the spread of ransomware attacks by lowering the barrier to entry. Making ransomware attacks significantly easier to launch means that all organizations are at a higher risk of becoming targets.