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Related papers: Ransomware Payments in the Bitcoin Ecosystem

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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…

Cryptography and Security · Computer Science 2018-11-27 Mauro Conti , Ankit Gangwal , Sushmita Ruj

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 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

Proliferation of cryptocurrencies (e.g., Bitcoin) that allow pseudo-anonymous transactions, has made it easier for ransomware developers to demand ransom by encrypting sensitive user data. The recently revealed strikes of ransomware attacks…

Cryptography and Security · Computer Science 2019-06-20 Cuneyt Gurcan Akcora , Yitao Li , Yulia R. Gel , Murat Kantarcioglu

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 has become one of the most widespread threats, primarily due to its easy deployment and the accessibility to services that enable attackers to raise and obfuscate funds. This latter aspect has been significantly enhanced with the…

Cryptography and Security · Computer Science 2024-06-10 Francesco Zola , Mikel Gorricho , Jon Ander Medina , Lander Segurola , Raul Orduna-Urrutia

Due to the pseudo-anonymity of the Bitcoin network, users can hide behind their bitcoin addresses that can be generated in unlimited quantity, on the fly, without any formal links between them. Thus, it is being used for payment transfer by…

Cryptography and Security · Computer Science 2021-09-01 Siddhartha Dalal , Zihe Wang , Siddhanth Sabharwal

Ransomware is a kind of malware using cryptographic mechanisms to prevent victims from normal use of their computers. As a result, victims lose the access to their files and desktops unless they pay the ransom to the attackers. By the end…

Cryptography and Security · Computer Science 2020-11-23 Tianrou Xia , Yuanyi Sun , Sencun Zhu , Zeeshan Rasheed , Khurram Shafique

Multiple works have leveraged the public Bitcoin ledger to estimate the revenue cybercriminals obtain from their victims. Estimations focusing on the same target often do not agree, due to the use of different methodologies, seed addresses,…

Cryptography and Security · Computer Science 2023-11-29 Gibran Gomez , Kevin van Liebergen , Juan Caballero

Ransomware operations have evolved from relatively unsophisticated threat actors into highly coordinated cybercrime syndicates that regularly extort millions of dollars in a single attack. Despite dominating headlines and crippling…

Cryptography and Security · Computer Science 2023-04-25 Ian W. Gray , Jack Cable , Benjamin Brown , Vlad Cuiujuclu , Damon McCoy

In recent years, there has been a noticeable increase in cyberattacks using ransomware. Attackers use this malicious software to break into networks and harm computer systems. This has caused significant and lasting damage to various…

Cryptography and Security · Computer Science 2024-02-06 Ali Mehrban , Shirin Karimi Geransayeh

Ransomware uses encryption methods to make data inaccessible to legitimate users. To date a wide range of ransomware families have been developed and deployed, causing immense damage to governments, corporations, and private users. As these…

Cryptography and Security · Computer Science 2023-05-23 Aldin Vehabovic , Nasir Ghani , Elias Bou-Harb , Jorge Crichigno , Aysegul Yayimli

The rise of ransomware attacks has necessitated the development of effective strategies for identifying and mitigating these threats. This research investigates the utilization of a feature selection algorithm for distinguishing…

Cryptography and Security · Computer Science 2024-02-08 Mike Nkongolo

Nowadays security is major concern for any user connected to the internet. Various types of attacks are to be performed by intruders to obtaining user information as manin-middle attack, denial of service, malware attacks etc. Malware…

Cryptography and Security · Computer Science 2020-01-22 Jaspreet Kaur

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

With the recent growth in the number of malicious activities on the internet, cybersecurity research has seen a boost in the past few years. However, as certain variants of malware can provide highly lucrative opportunities for bad actors,…

Cryptography and Security · Computer Science 2019-11-20 Amir Atapour-Abarghouei , Stephen Bonner , Andrew Stephen McGough

Ransomware can produce direct and controllable economic loss, which makes it one of the most prominent threats in cyber security. As per the latest statistics, more than half of malwares reported in Q1 of 2017 are ransomwares and there is a…

Cryptography and Security · Computer Science 2020-04-07 Manaar Alam , Sayan Sinha , Sarani Bhattacharya , Swastika Dutta , Debdeep Mukhopadhyay , Anupam Chattopadhyay

Ransomware can produce direct and controllable economic loss, which makes it one of the most prominent threats in cyber security. As per the latest statistics, more than half of malwares reported in Q1 of 2017 are ransomware and there is a…

Cryptography and Security · Computer Science 2018-02-13 Manaar Alam , Sarani Bhattacharya , Debdeep Mukhopadhyay , Anupam Chattopadhyay

This paper provides an overview of how crypto currency and blockchain engineering interacts with the law enforcement. We point out that a large proportion of crypto users are amateur investors and the dominant and the largest segment in…

Cryptography and Security · Computer Science 2021-09-03 Nicolas T. Courtois , Kacper T. Gradon , Klaus Schmeh

In this study, we examine the behavior and profitability of modern malware that mines cryptocurrency. Unlike previous studies, we look at the cryptocurrency market as a whole, rather than just Bitcoin. We not only consider PCs, but also…

Computers and Society · Computer Science 2019-01-31 Radhesh Krishnan Konoth , Rolf van Wegberg , Veelasha Moonsamy , Herbert Bos
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