A ransomware attack is a type of cyberattack where malicious software encrypts a victim’s files or locks them out of their system. The attacker then demands a ransom payment to restore access. It usually spreads through phishing emails, malicious links, or exploited system vulnerabilities.
The impact can be severe—businesses may lose critical data, face long downtimes, suffer reputational damage, and incur major financial losses. For SEO, a ransomware-hit website may be blacklisted by search engines, lose traffic, and damage brand trust, affecting long-term online visibility.
Before the RaaS model was developed, ransomware developers would prefer attacking large companies as the ransom collected would have to be large enough to justify their effort and risk in developing and deploying the ransomware. Development of ransomware required great skill which limited the number of ransomware developers and therefore the number of attacks. Under the RaaS model, the attack can be carried out by an affiliate who has no coding knowledge, which significantly increases the number of attackers. It now becomes profitable for ransomware operators to attack a large number of smaller victims which opens the floodgates to attacks on SMBs, which is supported by attack statistics: the USA reports that 50-70% of all ransomware attacks target SMBs. This is a nightmare for SMBs because the disruption caused by a ransomware attack may be sufficient to shut down operations.
Be protected against and prepared for a ransomware attack: Keep your operating system and software up to date. Use strong passwords and multi-factor authentication. Back up your data regularly. Use a firewall and antivirus software. Stay current on identifying an attack and what emails, links, and downloads to avoid. Have a plan for how you will respond, including communication, containment, and recovery.
Ransomware is quite complex and not easy to develop, especially as businesses are ramping up their protection against ransomware and therefore ransomware developers have to increase the sophistication of the ransomware to evade enterprise defences. Continuous development of ransomware leaves the developers with little time to search for suitable victims and carry out attacks. They have therefore applied the SaaS delivery model to ransomware to create Ransomware as a Service where the developer provides the ransomware on a subscription or commission basis to affiliates who identify potential victims and carry out attacks. RaaS offerings can be very sophisticated with developers advertising their offerings on the dark web and offering dashboards for the affiliates to use to monitor their attacks. Some RaaS providers even include Distributed Denial of Service (DDoS) attacks and voice-scrambled VoIP calls to the victim’s business partners and the media as part of their service to increase pressure on the victim to pay the ransom. From the threat actors’ point of view, this is a superior model as division of labour creates specialisation, increases productivity, and improves return on investment. However, this is bad news for victims especially for SMBs.
To understand Ransomware as a Service (RaaS) and how it impacts Small and Medium Businesses (SMBs) we must first understand ransomware and Software as a Service (SaaS) and how these intersect.
Winning Against Ransomware means staying prepared, responding quickly, and building long-term resilience. It starts with strong preventive actions—keeping data backed up, updating systems, and training teams to spot threats. If an attack happens, isolating the infection, avoiding ransom payments, and restoring from clean backups are key. Long-term success comes from learning from incidents, improving defenses, and staying alert. With the right mix of planning, tools, and awareness, businesses can stay ahead and bounce back stronger.
Ransomware as a Service (RaaS) is a growing cybercrime model where ransomware developers lease out their tools to other attackers, making it easier for even low-skilled criminals to launch high-impact attacks. This has led to a surge in ransomware incidents, often involving double extortion tactics—encrypting data and threatening to leak it unless a ransom is paid. Traditional security measures aren't enough to stop these evolving threats. That’s why businesses turn to cybersecurity providers like SafeAeon, which offers 24/7 threat detection, ransomware prevention, and expert-managed security services to help organizations stay protected and resilient against RaaS attacks.
Sadly, if the ransomware acts as intended, the only real way to get rid of ransomware is to have an antivirus software that protects against it beforehand, or to pay the ransom. If it asks for payment in the form of bitcoins or some other currency you do not currently have, you will lose your information.
the aboriginals had thought that the vikings were going to attack them
According to the Federal Bureau of Investigation’s (FBI) official statement, the REvil and Sodinokibi group were held responsible for the ransomware attack on JBS dated June 1, 2021. For the attack, the bad actors used QBot malware to execute the initial infection operation. The QBot malware was spread via a spam email campaign loaded with a malicious Excel file attachment. Once the victim opens the email and clicks on the malicious extension, the Excel file would download a DLL file to spread the infection on the victimised network.
BluVault is a cost-effective, robust data resiliency solution that is designed to help businesses recover from a ransomware attack without having to negotiate with the attacker. Automatic, Policy-driven Backups BluVault’s policy-driven backups help you define the files/folders to be archived and the frequency of backups – making an enterprise ransomware-prepared. It can be seamlessly integrated with existing OneDrive or Google Drive subscriptions and incurs no additional storage costs. Data Immutability BluVault does not just encrypt critical data to prevent tampering, it also creates a virtual airgap to the storage target – ensuring that ransomware cannot infect and corrupt the backups. Curated Recovery BluVault can identify and restore only those files that were deleted by ransomware while filtering out any corrupted files that may have bled into the backup. The result is low-impact and business continuity for end users. File Quarantining The built-in file and device quarantining capabilities help incident management teams easily isolate “patient-zero” systems and the malicious payload from being recovered as part of restore operations. Data Management Reports BluVault is equipped with an ML (Machine Learning) engine that helps detect ransomware-corrupted files. This helps in early detection and prevents such files from getting restored. Comprehensive data management reports offer IT admins insights that help detect ransomware attacks early.
They're equally bad.
Serious but not so bad we had to sue for peace