Cybersecurity has always been a matter of concern for organizations and individuals alike. However, the cyber threat landscape has now started to grow with increased courage, primarily due to the commercialization of cybercrime.
Long gone are the days when hacking and cybercrime were limited to a numbered few, limiting the number of cyber-attacks occurring each day. The modern threat landscape features hackers and cybercriminals renting out cybercrime services in exchange for money.
The concept of commercializing cybercrime has now been around for a considerable period. It appeared with ransomware-as-a-service, and its new shape in phishing-as-a-service makes the cyber threat landscape much scarier.
What is Phishing-as-a-service?
As its name depicts, Phishing-as-a-service or PhaaS is a thriving black market industry of cybercriminals providing phishing services, tools, skills, and techniques needed to carry out phishing attacks. These services are based on the software-as-a-service style model that has revolutionized how work is conducted in modern virtual times around the globe.
