Ransomware has dominated the cybersecurity world for the last several years. The first significant ransomware instance occurred in 1989 – the AIDS trojan was released on 5.25 floppy disk. The use of personal computing and the internet grew exponentially along with the creation of standardized operating systems and associated applications. Identity and access management, anti-virus, firewalls, enterprise email, instant messaging and instant messaging all were developed rapidly during the technology boom of the 1990s. Financial institutions and regulators responded to this realization by producing several requirements designed to directly address IT security and cyber risk.”]
Source: https://www.csoonline.com/article/3208024/just-because-its-news-doesnt-mean-its-new.html

