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A Tale of Two Markets: Investigating the Ransomware Payments Economy

Journal Article (2023)
Author(s)

Kris Oosthoek (TU Delft - Electrical Engineering, Mathematics and Computer Science)

Jack Cable (Stanford University)

Georgios Smaragdakis (TU Delft - Electrical Engineering, Mathematics and Computer Science)

Research Group
Cyber Security
DOI related publication
https://doi.org/10.1145/3582489 Final published version
More Info
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Publication Year
2023
Language
English
Research Group
Cyber Security
Issue number
8
Volume number
66
Pages (from-to)
74–83
Downloads counter
399
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Institutional Repository
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Abstract

A data-driven, follow-the-money approach to characterize the ransomware ecosystem uncovers two parallel ransomware criminal markets: commodity ransomware and Ransomware as a Service (RaaS).