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Ransomware, a billion-dollar menace, is evolving at lightning speed. From its modest beginnings in the 1980s, this cyber threat has transformed into a sophisticated criminal industry, with hackers exploiting advanced technologies like AI and cloud computing. In 2023 alone, cybercriminals extorted a record $1 billion in cryptocurrency payments. Experts warn that by 2031, ransomware could cost victims a staggering $265 billion annually. As hackers target cloud systems and leverage ransomware-as-a-
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