Publication detail

Economic Aspects of Ransomware

VÁCLAVÍK, L.

Original Title

Economic Aspects of Ransomware

Type

abstract

Language

English

Original Abstract

Ransomware has become one of the biggest threats to cyberspace in recent years. Due to the ex-pansion of the Internet and cloud computing, this model of crime is widely used. It creates an ideal and com-fortable environment for the spread of this type of malware. Data is an increasingly important and valuable commodity for potential end-user, business or government victims. Their loss or theft carries certain risks and damages, which usually outweigh the required payment for their re-opening. From the point of view of the vic-tims, there are two components of economic impacts: the consequences of the attack (business recovery) and the costs of building a defense. Among other things, the attackers are favoured by the abundant spread of cryp-tocurrencies, which provides them with the necessary anonymity and fundamentally limits the possibilities of security forces to catch them.

Keywords

ransomware, economics of ransomware, cybercrime, malware, cybersecurity

Authors

VÁCLAVÍK, L.

Released

21. 4. 2022

Publisher

Brno University of Technology, Faculty of Business and Management

Location

Brno

ISBN

978-80-214-6004-1

Book

PERSPECTIVES OF BUSINESS AND ENTREPRENEURSHIP DEVELOPMENT: DIGITAL TRANSFORMATION FOR BUSINESS MODEL INNOVATION: COLLECTED ABSTRACTS AND PROGRAMME OF INTERNATIONAL SCIENTIFIC CONFERENCE

Pages from

73

Pages to

73

Pages count

1

URL

https://conference.fbm.vutbr.cz/ic/index.php/ic/article/view/184

BibTex

@misc{BUT178813,
  author="Lukáš {Václavík}",
  title="Economic Aspects of Ransomware",
  booktitle="PERSPECTIVES OF BUSINESS AND ENTREPRENEURSHIP DEVELOPMENT: DIGITAL TRANSFORMATION FOR BUSINESS MODEL INNOVATION: COLLECTED ABSTRACTS AND PROGRAMME OF INTERNATIONAL SCIENTIFIC CONFERENCE",
  year="2022",
  pages="73--73",
  publisher="Brno University of Technology, Faculty of Business and Management",
  address="Brno",
  isbn="978-80-214-6004-1",
  url="https://conference.fbm.vutbr.cz/ic/index.php/ic/article/view/184",
  note="abstract"
}