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Cybercrime is continuously growing in numbers and becoming more sophisticated. Currently, there are various monetisation and money laundering methods, creating a huge, underground economy worldwide. A clear indicator of these activities is…
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…
In recent years, the darknet has become the key location for the distribution of malware and exploits. We have seen scenarios where software vulnerabilities have been disclosed by vendors and shortly after, operational exploits are…
The criminal underground is populated with forum marketplaces where, allegedly, cybercriminals share and trade knowledge, skills, and cybercrime products. However, it is still unclear whether all marketplaces matter the same in the overall…
Markets for zero-day exploits (software vulnerabilities unknown to the vendor) have a long history and a growing popularity. We study these markets from a revenue-maximizing mechanism design perspective. We first propose a theoretical model…
The annual cost of Cybercrime to the global economy is estimated to be around 400 billion dollar in support of which Exploit Kits have been providing enabling technology.This paper reviews the recent developments in Exploit Kit capability…
In this paper we exploit market features proper of a leading Russian cybercrime market for user impersonation at scale to evaluate attacker preferences when purchasing stolen user profiles, and the overall economic activity of the market.…
We introduce a model for a market based economic system of cyber-risk valuation to correct fundamental problems of incentives within the information technology and information processing industries. We assess the makeup of the current day…
We investigate the criminal market dynamics of infostealer malware and publish three evidence datasets on malware infections and trade. We justify the value chain between illicit enterprises using the datasets, compare the prices and added…
Background: Cyber offences, such as hacking, malware creation and distribution, and online fraud, present a substantial threat to organizations attempting to safeguard their data and information. By understanding the evolving…
Cryptocurrency exchanges are frequently targeted and compromised by cyber-attacks, which may lead to significant losses for the depositors and closure of the affected exchanges. These risks threaten the viability of the entire public…
The internet landscape is growing and at the same time becoming more heterogeneous. Services are performed via computers and networks, critical data is stored digitally. This enables freedom for the user, and flexibility for operators. Data…
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…
Security is an essential cornerstone of functioning digital marketplaces and communities. If users doubt that data shared online will remain secure, they will withdraw from platforms. Even when firms take these risks seriously, security…
The purpose of this research paper is to critically explore the impact of state and state-sponsored actors on the cyber environment and the future of critical infrastructure, the majority of these attacks on the cyber environment have…
Recent measurements of the Windows code-signing certificate ecosystem have highlighted various forms of abuse that allow malware authors to produce malicious code carrying valid digital signatures. However, the underground trade that allows…
The explosion in the e-commerce industry which has been necessitated by the growth and advance expansion of Information technology and its related facilities in recent years have been met with adverse security issues consequently affecting…
While modern society benefits from a range of technological advancements, it also is exposed to an ever-increasing set of cybersecurity threats. These affect all areas of life including business, government, and individuals. To complement…
Bitcoin cryptocurrency system enables users to transact securely and pseudo-anonymously by using an arbitrary number of aliases (Bitcoin addresses). Cybercriminals exploit these characteristics to commit immutable and presumably untraceable…
Within the thriving mobile app ecosystem ecosystem, a subset of apps provides illicit services such as gambling and pornography to pursue economic gains, collectively referred to as "underground economy apps". While previous studies have…