News From the Field
Exposed: The path of ransomware payments
March 23, 2018
This material is available primarily for archival purposes. Telephone numbers or other contact information may be out of date; please see current contact information at media contacts.The murky ecosystem of ransomware payments comes into focus in a forthcoming paper by university and industry researchers. It provides the first detailed account of the ransomware payment ecosystem, from initial attack to cash-out. Ransomware attacks, which encrypt and hold a computer user's files hostage in exchange for payment, extort millions of dollars from individuals each month, and comprise one of the fastest-growing forms of cyberattack.Full Story
New York University Tandon School of Engineering
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