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October 06, 2022

Malware-as-a-Service Gaining Popularity

Written By Randy Hall

Malware as a Service (MaaS) has gained popularity over the past few years as a method of spreading malware. Typically, MaaS is provided at a monthly, annual, or lifetime subscription price. Once a threat actor obtains access to the malware, they can target individuals through various tactics.

A relatively new MaaS has emerged, called Erbium. Erbium is spread quickly across the internet disguised as cheats and hacks for popular video games.

Due to the fact that the Erbium malware subscription is affordable,  has excellent customer service, and a wide array of skills at a competitive price, it is attractive to threat actors. Additionally, due to the growing popularity of Erbium, the membership fee increased from $9 a week to $100 a month or $1,000 a year in late August 2022.

The development of Erbium appears to be in its early stages, however, it has been detected in several countries worldwide, including the United States, France, Colombia, Spain, Italy, Vietnam, and Malaysia.

The Erbium malware is exceptionally versatile in gathering data from infected devices. In addition to extracting information about the browser, the malware also extracts passwords, cookies, credit card numbers, auto-fill information, cryptocurrency wallet information, and two-factor authentication credentials without the user being aware of it.

Installing an antivirus program on your computer is an effective way to keep it safe from malicious software. Additionally, it is also essential to ensure that you're updating your operating system and software regularly and downloading applications only from credible sites.

Picture of Randy Hall
About The Author
Randy Hall, CEO & Founder of Securafy, is a seasoned IT leader specializing in cybersecurity, compliance, and business resilience for SMBs. With deep technical expertise and decades of experience, he shares strategic insights on cybersecurity risks, AI in cybersecurity, emerging technology, and the economic challenges shaping the IT landscape. His content provides practical guidance for business owners looking to navigate evolving cyber threats and leverage technology for long-term growth.

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