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Related papers: Ransomware Payments in the Bitcoin Ecosystem

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Crypto-Ransomware has been increasing in sophistication since it first appeared in September 2013, leveraging new attack vectors, incorporating advanced encryption algorithms, and expanding the number of file types it targets. In this…

Cryptography and Security · Computer Science 2023-12-14 Vadim Kotov , Mantej Rajpal

The threat from ransomware continues to grow both in the number of affected victims as well as the cost incurred by the people and organisations impacted in a successful attack. In the majority of cases, once a victim has been attacked…

Cryptography and Security · Computer Science 2021-06-29 Simon R Davies , Richard Macfarlane , William J Buchanan

Ransomware has become an increasingly popular type of malware across the past decade and continues to rise in popularity due to its high profitability. Organisations and enterprises have become prime targets for ransomware as they are more…

Cryptography and Security · Computer Science 2022-02-08 Grant McDonald , Pavlos Papadopoulos , Nikolaos Pitropakis , Jawad Ahmad , William J. Buchanan

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

Cryptography and Security · Computer Science 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

Computing is still under a significant threat from ransomware, which necessitates prompt action to prevent it. Ransomware attacks can have a negative impact on how smart grids, particularly digital substations. In addition to examining a…

Cryptography and Security · Computer Science 2024-05-02 Hong-Nhung Nguyen , Ha-Thanh Nguyen , Damien Lescos

Bitcoin is a digital currency designed to rely on a decentralized, trustless network of anonymous agents. Using a pseudonymous-address-linking procedure that achieves >99% sensitivity and >99% specificity, we reveal that between launch…

Computer Science and Game Theory · Computer Science 2022-06-08 Alyssa Blackburn , Christoph Huber , Yossi Eliaz , Muhammad S. Shamim , David Weisz , Goutham Seshadri , Kevin Kim , Shengqi Hang , Erez Lieberman Aiden

AI companies and governments are increasingly concerned about frontier AI systems enabling cybercrime, yet defining meaningful capability thresholds requires knowing the scale of cybercrime today. Current estimates of global cybercrime…

Computers and Society · Computer Science 2026-03-24 Kamilė Lukošiūtė , John Halstead , Luca Righetti

As the most successful cryptocurrency to date, Bitcoin constitutes a target of choice for attackers. While many attack vectors have already been uncovered, one important vector has been left out though: attacking the currency via the…

Networking and Internet Architecture · Computer Science 2017-03-28 Maria Apostolaki , Aviv Zohar , Laurent Vanbever

Economic incentives encourage malware authors to constantly develop new, increasingly complex malware to steal sensitive data or blackmail individuals and companies into paying large ransoms. In 2017, the worldwide economic impact of…

Cryptography and Security · Computer Science 2021-06-02 Michal Piskozub , Fabio De Gaspari , Frederick Barr-Smith , Luigi V. Mancini , Ivan Martinovic

Bitcoin is a decentralised digital currency that relies on cryptography rather than trusted third parties such as central banks for its security. Underpinning the operation of the currency is a peer-to-peer (P2P) network that facilitates…

Cryptography and Security · Computer Science 2018-05-29 James Tapsell , Raja Naeem Akram , Konstantinos Markantonakis

The Bitcoin cryptocurrency records its transactions in a public log called the blockchain. Its security rests critically on the distributed protocol that maintains the blockchain, run by participants called miners. Conventional wisdom…

Cryptography and Security · Computer Science 2013-11-18 Ittay Eyal , Emin Gun Sirer

Miners play a key role in cryptocurrencies such as Bitcoin: they invest substantial computational resources in processing transactions and minting new currency units. It is well known that an attacker controlling more than half of the…

Cryptography and Security · Computer Science 2019-05-16 Matteo Romiti , Aljosha Judmayer , Alexei Zamyatin , Bernhard Haslhofer

The Lightning Network promises to alleviate Bitcoin's known scalability problems. The operation of such second layer approaches relies on the ability of participants to turn to the blockchain to claim funds at any time, which is assumed to…

Cryptography and Security · Computer Science 2020-08-28 Jona Harris , Aviv Zohar

Lightning Network (LN) is designed to amend the scalability and privacy issues of Bitcoin. It's a payment channel network where Bitcoin transactions are issued off chain, onion routed through a private payment path with the aim to settle…

Cryptography and Security · Computer Science 2020-07-14 Ferenc Beres , Istvan Andras Seres , Andras A. Benczur

Cryptocurrencies redefined how money can be stored and transferred among users. However, independent of the amount being sent, public blockchain-based cryptocurrencies suffer from high transaction waiting times and fees. These drawbacks…

Cryptography and Security · Computer Science 2021-02-05 Enes Erdin , Suat Mercan , Kemal Akkaya

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

Cybercriminals pose a significant threat to blockchain trading security, causing $40.9 billion in losses in 2024. However, the lack of an effective real-world address dataset hinders the advancement of cybercrime detection research. The…

Cryptography and Security · Computer Science 2025-01-28 Jiadong Shi , Chunyu Duan , Hao Lei , Liangmin Wang

Malicious attacks, malware, and ransomware families pose critical security issues to cybersecurity, and it may cause catastrophic damages to computer systems, data centers, web, and mobile applications across various industries and…

Cryptography and Security · Computer Science 2022-07-05 Mohammad Masum , Md Jobair Hossain Faruk , Hossain Shahriar , Kai Qian , Dan Lo , Muhaiminul Islam Adnan

Every year, criminals launder billions of dollars acquired from serious felonies (e.g., terrorism, drug smuggling, or human trafficking) harming countless people and economies. Cryptocurrencies, in particular, have developed as a haven for…

Machine Learning · Computer Science 2021-10-06 Joana Lorenz , Maria Inês Silva , David Aparício , João Tiago Ascensão , Pedro Bizarro

Cryptojacking is the permissionless use of a target device to covertly mine cryptocurrencies. With cryptojacking, attackers use malicious JavaScript codes to force web browsers into solving proof-of-work puzzles, thus making money by…

Cryptography and Security · Computer Science 2023-04-27 Muhammad Saad , David Mohaisen
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