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Related papers: On the Economics of Ransomware

200 papers

Ransomware is a growing threat to individuals and enterprises alike, constituting a major factor in cyber insurance and in the security planning of every organization. Although the game theoretic lens often frames the game as a competition…

Cryptography and Security · Computer Science 2022-06-28 Erick Galinkin

In the area of information technology, cybersecurity is critical. Information security is one of todays highest priorities. Cyber attacks, which are on the rise and include Ransomware, are the first thing that springs to mind when we think…

Computers and Society · Computer Science 2022-12-09 Shweta Vasoya , Krishna Bhavsar , Nishtha Patel

In recent years, ransomware has been one of the most notorious malware targeting end users, governments, and business organizations. It has become a very profitable business for cybercriminals with revenues of millions of dollars, and a…

Cryptography and Security · Computer Science 2022-02-25 Harun Oz , Ahmet Aris , Albert Levi , A. Selcuk Uluagac

Ransomware has emerged as one of the most concerned cyber risks in recent years, which has caused millions of dollars monetary loss over the world. It typically demands a certain amount of ransom payment within a limited timeframe to…

General Economics · Economics 2020-10-15 Rui Fang , Maochao Xu , Peng Zhao

As cyber-attacks continue to increase in frequency and sophistication, organisations must be better prepared to face the reality of an incident. Any organisational plan that intends to be successful at managing security risks must clearly…

Cryptography and Security · Computer Science 2023-07-07 Nandita Pattnaik , Jason R. C. Nurse , Sarah Turner , Gareth Mott , Jamie MacColl , Pia Huesch , James Sullivan

We present an approach to identifying which ransomware adversaries are most likely to target specific entities, thereby assisting these entities in formulating better protection strategies. Ransomware poses a formidable cybersecurity threat…

Cryptography and Security · Computer Science 2025-02-10 Spencer Massengale , Philip Huff

Over the past three years, especially following WannaCry malware, ransomware has become one of the biggest concerns for private businesses, state, and local government agencies. According to Homeland Security statistics, 1.5 million…

Cryptography and Security · Computer Science 2020-03-18 Murat Ozer , Said Varlioglu , Bilal Gonen , Mehmet F. Bastug

Ransomware attacks have become a pervasive and costly form of cybercrime, causing tens of millions of dollars in losses as organizations increasingly pay ransoms to mitigate operational disruptions and financial risks. While prior research…

Computer Science and Game Theory · Computer Science 2025-08-25 Haohui Zhang , Sirui Shen , Xinyu Hu , Chenglu Jin

We present in this work an economic analysis of ransomware, with relevant data from Cryptolocker, CryptoWall, TeslaCrypt and other major strands. We include a detailed study of the impact that different price discrimination strategies can…

Cryptography and Security · Computer Science 2017-03-21 Julio Hernandez-Castro , Edward Cartwright , Anna Stepanova

Ransomware attacks continue to wreak havoc across the globe, with public reports of total ransomware payments topping billions of dollars annually. While the use of cryptocurrency presents an avenue to understand the tactics of ransomware…

Cryptography and Security · Computer Science 2024-08-29 Jack Cable , Ian W. Gray , Damon McCoy

Ransomware has yet to reach orbit, but the conditions for such an attack already exist. This paper presents the first game-theoretic framework for modeling ransomware against satellites: the orbital escalation game. In this model, the…

Cryptography and Security · Computer Science 2026-02-24 Efrén López-Morales

This paper focuses on botnet economics and design of defensive strategies. It takes the view that by combining scarce information on the attackers business models, with rational economic analysis of these business processes, one can…

Cryptography and Security · Computer Science 2013-09-04 L-F Pau

Ransomware is still one of the most serious cybersecurity threats. Victims often pay but fail to regain access to their data, while also facing the danger of losing data privacy. These uncertainties heavily shape the attacker-victim…

Cryptography and Security · Computer Science 2026-01-13 Xinyu Hou , Yang Lu , Rabimba Karanjai , Lei Xu , Weidong Shi

In the banking industry, ransomware is a well-known threat, but since the beginning of 2022, cryptojacking, an emerging threat is posing a considerable challenge to the banking industry. Ransomware has variants, and the attackers keep…

Cryptography and Security · Computer Science 2023-11-28 Naresh Kshetri , Mir Mehedi Rahman , Sayed Abu Sayeed , Irin Sultana

Crypto-ransomware has caused an unprecedented scope of impact in recent years with an evolving level of sophistication. An extensive range of studies have been on defending against ransomware and reviewing the efficacy of various…

Cryptography and Security · Computer Science 2024-11-19 Wenjia Song , Sanjula Karanam , Ya Xiao , Jingyuan Qi , Nathan Dautenhahn , Na Meng , Elena Ferrari , Danfeng , Yao

Day by day, the frequency of ransomware attacks on organizations is experiencing a significant surge. High-profile incidents involving major entities like Las Vegas giants MGM Resorts, Caesar Entertainment, and Boeing underscore the…

Cryptography and Security · Computer Science 2024-09-17 Pranjal Sharma

Ransomware attacks are among the most severe cyber threats. They have made headlines in recent years by threatening the operation of governments, critical infrastructure, and corporations. Collecting and analyzing ransomware data is an…

Cryptography and Security · Computer Science 2022-05-11 Kris Oosthoek , Jack Cable , Georgios Smaragdakis

The economics of an internet crime has newly developed into a field of controlling black money. This economic approach not only provides estimated technique of analyzing internet crimes but also gives details to analyzers of system…

Computers and Society · Computer Science 2014-01-22 Umer Asgher , Fahad Moazzam Dar , Ali Hamza , Abdul Moeed Paracha

Ransomware has been an ongoing issue since the early 1990s. In recent times ransomware has spread from traditional computational resources to cyber-physical systems and industrial controls. We devised a series of experiments in which…

Cryptography and Security · Computer Science 2022-01-13 Anthony Melaragno , William Casey

The current pandemic situation has increased cyber-attacks drastically worldwide. The attackers are using malware like trojans, spyware, rootkits, worms, ransomware heavily. Ransomware is the most notorious malware, yet we did not have any…

Cryptography and Security · Computer Science 2022-06-07 Nanda Rani , Sunita Vikrant Dhavale
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