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Ransomware-as-a-service (RaaS) is increasing the scale and complexity of ransomware attacks. Understanding the internal operations behind RaaS has been a challenge due to the illegality of such activities. The recent chat leak of the Conti…

Cryptography and Security · Computer Science 2025-06-04 Estelle Ruellan , Masarah Paquet-Clouston , Sebastian Garcia

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

Ransomware can prevent a user from accessing a device and its files until a ransom is paid to the attacker, most frequently in Bitcoin. With over 500 known ransomware families, it has become one of the dominant cybercrime threats for law…

Cryptography and Security · Computer Science 2018-04-12 Masarah Paquet-Clouston , Bernhard Haslhofer , Benoit Dupont

LockBit has evolved from an obscure Ransomware-as-a-Service newcomer in 2019 to the most prolific ransomware franchise of 2024. Leveraging a recently leaked MySQL dump of the gang's management panel, this study offers an end-to-end…

Cryptography and Security · Computer Science 2025-11-11 Felipe Castaño , Constantinos Patsakis , Francesco Zola , Fran Casino

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

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 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

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

While recognized as a theoretical and practical concept for over 20 years, only now ransomware has taken centerstage as one of the most prevalent cybercrimes. Various reports demonstrate the enormous burden placed on companies, which have…

Cryptography and Security · Computer Science 2017-08-23 Aron Laszka , Sadegh Farhang , Jens Grossklags

Ransomware has grown to become one of the most damaging types of cybercrime, affecting private and public organizations in any sector. While early types of ransomware targeted many victims via automated attacks, ransomware groups have…

Cryptography and Security · Computer Science 2026-05-26 Lea Müller , York Yannikos

Cybercriminal profiling and cyber-attack attribution have been elusive goals world-wide, due to their effects on societal and geopolitical balance and stability. Attributing actions to a group or state is a complex endeavour, with…

Cryptography and Security · Computer Science 2024-12-09 Konstantinos Mersinas , Aimee Liu , Niki Panteli

The ransomware threat has loomed over our digital life since 1989. Criminals use this type of cyber attack to lock or encrypt victims' data, often coercing them to pay exorbitant amounts in ransom. The damage ransomware causes ranges from…

Cryptography and Security · Computer Science 2023-06-22 Kenan Begovic , Abdulaziz Al-Ali , Qutaibah Malluhi

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

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

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

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

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

Cyber attacks are increasingly becoming prevalent and causing significant damage to individuals, businesses and even countries. In particular, ransomware attacks have grown significantly over the last decade. We do the first study on mining…

Cryptography and Security · Computer Science 2020-11-03 Chetan Bansal , Pantazis Deligiannis , Chandra Maddila , Nikitha Rao
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