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Ransomware as a Service using Smart Contracts and IPFS
March 09, 2020 Β· Declared Dead Β· π International Conference on Blockchain
"No code URL or promise found in abstract"
Evidence collected by the PWNC Scanner
Authors
Christos Karapapas, Iakovos Pittaras, Nikos Fotiou, George C. Polyzos
arXiv ID
2003.04426
Category
cs.CR: Cryptography & Security
Citations
32
Venue
International Conference on Blockchain
Last Checked
6 months ago
Abstract
Decentralized systems, such as distributed ledgers and the InterPlanetary File System (IPFS), are designed to offer more open and robust services. However, they also create opportunities for illegal activities. We demonstrate how these technologies can be used to launch a ransomware as a service campaign. We show that criminals can transact with affiliates and victims without having to reveal their identity. Furthermore, by exploiting the robustness and resilience to churn of IPFS, as well as the decentralized computing capabilities of Ethereum, criminals can remain offline during most procedures, with many privacy guarantees.
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