BitcoinHeist: Topological Data Analysis for Ransomware Detection on the Bitcoin Blockchain

19 Jun 2019Cuneyt Gurcan AkcoraYitao LiYulia R. GelMurat Kantarcioglu

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 have already resulted in significant economic losses and societal harm across different sectors, ranging from local governments to health care... (read more)

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