In hindsight, it looks like Carsten Willems and Ralf Hund, the co-founders of VMRay, were destined to follow the same path for an extended period in their lives. Since first meeting in 2007, they have studied alongside each other, collaborated on groundbreaking research, started a company (VMRay), based in their native Germany, and built it […]READ MORE
[Editor’s Note: This post was updated on July 9th, 2018 with analysis of Gandcrab v4] Like legitimate commercial software, commercial malware also needs a viable business model. For ransomware, the most popular business model is now Ransomware-as-a-Service (RaaS). RaaS focuses on selling ransomware as an easy-to-use service, opening up a broader market of non-technical attackers. […]READ MORE
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