How ransomware became big business

How ransomware became big business

On today's International Anti-Ransomware Day, cybersecurity company SentinelOne has publishes a blog looking at on how ransomware has evolved over the past 10 years. It highlights how Ransomware-as-a-Service (RaaS) has matured into a scalable, profit-driven model, with revenue-sharing, affiliate recruitment, and performance incentives fuelling rapid expansion across the cybercrime ecosystem. "In ten years, RaaS has evolved from a curiosity into …

Anti-Ransomware Day 2025: 10 Years of RaaS and the Making of a Billion-Dollar Business

May 12 is recognized globally as Anti-Ransomware Day, an initiative created to raise awareness about the threat of ransomware and to promote better practices for prevention, response, and recovery. The date was chosen to mark the anniversary of the WannaCry outbreak in 2017, one of the most disruptive ransomware incidents in history, affecting systems in more than 150 countries. Ransomware did not begin with WannaCry in 2017, however, and the ev…