Crime-as-a-Service (CaaS) Models are Getting More Advanced- Are Firms Ready?
With advancements in technology, CaaS models are becoming more complex and challenging to combat. This indicates a shift in the cybercrime landscape, where traditional cyber security measures may no longer be sufficient.
CaaS operates on a service-based model similar to SaaS offerings. The model allows individuals to buy cyber crime services like malware, ransomware, phishing scams, DDoS attacks, and more. The accessibility and affordability of these services have led to a surge in cyber attacks.