The History of Ransomware I Arctic Wolf

This article provides a concise history and analysis of ransomware from its 1980s origins through 2024, outlining how technological shifts (email, cryptocurrency, the dark web) and business models (RaaS, initial access brokers) transformed ransomware into a dominant, high-impact cybercrime. It summarizes major incidents (CryptoLocker, Petya/NotPetya, WannaCry, MOVEit/CL0P), evolving tactics (data exfiltration, triple extortion, leak sites, big-game hunting), and recent shifts in operator behavior and negotiation strategies.