20 years since "ILOVEYOU" - What impact did it have?

20 years since “ILOVEYOU” – What impact did it have?

---Jens Monrad, Head of Mandiant Threat Intelligence, EMEA, FireEye

If we look back on what has happened in the 20 years since “ILOVEYOU” from a threat perspective in cyberspace, certainly a lot has changed. When “ILOVEYOU” infected millions of computers via a relatively unsophisticated method, the motivation behind it was not to obtain some financial gain whereas these days it probably would be. Equally, back in 2000 many countries did not even have an appropriate law against malware writing or the exploitations we now see in cyberspace.

The year 2000 brought changes to the malware writing and cybercrime ecosystem, with releases of malware that could be used to carry out disruption attacks against government websites and use infected computers in online ad-schemes. It would take years before we saw what I consider the biggest game-changer for cybercrime.