Issue No. 11 - November (2017 vol. 50)
Adam L. Young , Cryptovirology Labs
Moti Yung , Snap Inc.
We warned the public more than 20 years ago that cryptoviral extortion would pose a major threat to users, a threat that has been realized with the advent of Bitcoin but largely neglected until recently. We believe that a reactive mindset along with group conformity are partly to blame for this oversight and, moreover, are negatively impacting secure systems research. This presents a recipe for disaster, for while cryptoviral extortion is wreaking havoc on the surface, covert cryptovirology attacks are likely gathering strength within the shadows.
Bitcoin, Media, Trojan horses, Computer security
A. L. Young and M. Yung, "On Ransomware and Envisioning the Enemy of Tomorrow," in Computer, vol. 50, no. 11, pp. 82-85, 2017.