Page 186 - Cyber Defense eMagazine September 2023

The Rising Tide of Cybercrime as A Service

(CaaS)

By Nik Hewitt, Sr. Content Marketing Manager, TrueFort

Welcome to the era of Cybercrime as a Service, or CaaS, which, quite alarmingly, is like an online
marketplace for cybercriminals and their services.

While nothing new, it’s on the rise and a game-changer. Now, anyone with an internet connection and a
chip on their shoulder – an unhappy customer, a scorned ex-lover, a disgruntled ex-employee, or a bitter
competitor – can employ illicit services such as fraud, cyberattacks, social account takeovers, and even
deploy ransomware.
And all this, believe it or not, for the price of our morning coffee and bagel.

Cyber Defense eMagazine – September 2023 Edition 186
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