How did hackers initially develop ransomware, and what has fueled its evolution into a major cybersecurity threat?
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Hackers initially developed ransomware as a means to extort money from individuals or organizations by encrypting their files and demanding payment for the decryption key. The evolution of ransomware into a major cybersecurity threat has been fueled by several factors, including the increasing reliance on digital data, the rise of cryptocurrency that enables anonymous payments, the use of advanced encryption techniques, and the availability of ransomware-as-a-service on the dark web. Additionally, poor cybersecurity practices, lack of awareness, and vulnerabilities in systems have contributed to the widespread impact of ransomware attacks.