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The Evolution of Ransomware: From Extortion to Exploitation
This chapter examines the growing threat of ransomware, tracing its origins and evolution as a digital form of extortion akin to historical protection rackets. It discusses how the emergence of cryptocurrencies has facilitated ransomware proliferation and shifted the cybercrime landscape, highlighting the psychological pressures on victims. Additionally, the chapter critiques traditional cybersecurity measures and presents a startup's innovative approach to combating ransomware effectively.