RT Article
T1 Interrelationship between Bitcoin, Ransomware, and Terrorist Activities: Criminal Opportunity Assessment via Cyber-Routine Activities Theoretical Framework
JF Victims & offenders
VO 16
IS 3
SP 363
OP 384
A1 Lee, Hannarae
A2 Choi, Kyung-Shick
LA English
YR 2021
UL https://krimdok.uni-tuebingen.de/Record/1748567950
AB In recent years, a new form of cyber-extortion called ransomware is baffling the world with the speculation of connection to terrorist activities. Since cybercriminals usually demand their ransom using Bitcoin, Bitcoin has also become a part of this speculation. Unfortunately, however, all of the stories are based on anecdotal evidence. Therefore, the current study explores the dynamic properties of ransomware attacks, Bitcoin prices, and terrorist activities by connecting two opportunity-based theory frameworks: The Routine Activity Theory (RAT) and Cyber-Routine Activity Theory (Cyber-RAT). The findings of the study indicated unidirectional ties between the prevalence of ransomware and Bitcoin as well as ties between the prevalence of ransomware and terrorist activities. Several policies and prevention strategies from the overall findings of interrelated relations among three events are also presented.
K1 Cyber-RAT
K1 Rat
K1 VECM
K1 Bitcoin
K1 terrorist activities
K1 The prevalence of ransomware
DO 10.1080/15564886.2020.1835764