Showing the Receipts: Understanding the Modern Ransomware Ecosystem
<|reference_start|>Showing the Receipts: Understanding the Modern Ransomware Ecosystem: 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 actors, to date published research has been constrained by relatively limited public datasets of ransomware payments.   We present novel techniques to identify ransomware payments with low false positives, classifying nearly \$700 million in previously-unreported ransomware payments. We publish the largest public dataset of over \$900 million in ransomware payments -- several times larger than any existing public dataset. We then leverage this expanded dataset to present an analysis focused on understanding the activities of ransomware groups over time. This provides unique insights into ransomware behavior and a corpus for future study of ransomware cybercriminal activity.<|reference_end|>
@article{cable2024showing,
    title={Showing the Receipts: Understanding the Modern Ransomware Ecosystem},
    author={Jack Cable, Ian W. Gray, Damon McCoy},
    journal={arXiv preprint arXiv:2408.15420},
    year={2024},
    archivePrefix={arXiv},
    eprint={2408.15420},
    primaryClass={cs.CR}
}