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August 3, 2016

Preparing your enterprise for ransomware, and why many existing network security tools are useless

While Ransomware has received a great deal of press in the last year, ransomware has existed in one form or another for at least fifteen years. Long before the February 2016 incident at Hollywood Presbyterian Medical Center (HPMC), early samples of malware, such as the AIDs trojan, were compromising systems as early as 1989. Since then, more than 350,000 different variants of ransomware have been identified. The introduction of new technologies such as Bitcoin and the prevalence of encryption tools have made the development of ransomware simpler and more profitable.