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How cloud computing, AI, and geopolitics could shape the evolution of ransomware, which could cost victims $265B annually by 2031, as the AIDS Trojan turns 35

Ransomware is now a billion-dollar industry.  But it wasn't always that large — nor was it a prevalent cybersecurity risk like it is today. Bluesky: @michae.lv . LinkedIn: Ryan Browne Bluesky: Michael Veale / @michae.lv : on AI and ransomware - CNBC has commentary that it's a bit overblown because it's the simplest social engineering that is often the most successful. i agree! but the q is how simple AI helps social engineering scale, not how complex AI attacks outthink & outwit ppl. www.cnbc.com/2024/12/30/r... LinkedIn: Ryan Browne : It's been 35 years since the first ransomware attack - and the technology has come a long way.  —  Now one of the most common forms of cyberattack …

CNBC