A newly discovered family of ransomware is being offered via the Ransomware-as-a-Service (RaaS) business model, allowing cybercriminals to easily customize their own versions of the malware, researchers explain.

Dubbed Satan, the new ransomware family was discovered by security researcher Xylitol and is available for any wannabe criminal, as the service only requires the creation of an account to get started. The profits are split with the malware authors, who claim to retain only a 30% cut, thus making the RaaS sound highly interesting to many.