Ransomware as a Service (RaaS) has become a pivotal component of the cybercrime gig economy, reshaping the landscape of cyber threats. This model, akin to a nefarious version of legitimate gig economies, allows cybercriminals to rent or sell ransomware tools, sharing profits from successful attacks. The rise of RaaS signifies a shift in attack strategies, making cyber threats more accessible and lucrative for attackers with varying skill levels. This approach not only lowers the entry barrier for new attackers but also leads to more persistent and sophisticated attacks. Understanding RaaS is crucial for organizations to protect themselves. Attackers using RaaS often exploit security vulnerabilities such as poor credential hygiene, legacy configurations, or misconfigurations. Organizations must strengthen their defenses by building robust credential hygiene, auditing credential exposure, and hardening cloud and internet-facing assets. Awareness and preparedness are key in combating the RaaS model and safeguarding against the evolving tactics of the cybercrime gig economy.