Crime-as-a-Service Could Be the Next Big Threat to Your Business

Companies deal with a variety of risks to their business operations every single day, but there is a new threat originating in the Dark Web that they cannot afford to overlook: “crime-as-a-service,” or CaaS.

Crime-as-a-service is when a professional criminal or group of criminals develop advanced tools, “kits” and other packaged services which are then offered up for sale or rent to other criminals who are usually less experienced. This is having a powerful effect on the world of crime — and cybercrime in particular — because it lowers the bar for inexperienced actors to launch sophisticated cyber attacks and scams. In 2017, Europol released a new study that flagged CaaS as a major facilitator of serious online crimes, as well as traditional crimes like illegal weapons sales.