1. The document discusses modern techniques used by malware to obfuscate code, such as virtualization, encryption, and anti-reversing tricks.
2. Packers and protectors like VMProtect, Themida, and Arxan use virtual machines and other techniques to transform and encrypt code, making static analysis very difficult.
3. Reversing obfuscated code involves understanding how the virtual machine works, including how it fetches, decodes, and dispatches instructions to handlers. The document provides examples of how virtualized code is structured and executed.