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The concept of ransomware was first introduced at an international AIDS medical conference in 1989 and was known as the “AIDS Trojan,” distributed to attendees by way of 20,000 5.25-inch floppy disks. Participants’ computers were infected, although the virus lay dormant for 89 reboots of the computer; on the 90th reboot, a warning indicated files had been encrypted and payment was required to unlock the systems. Today, ransomware is much more pernicious, with prominent economic and social costs.
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