Borrion, H;
Yuryna Connolly, L;
(2020)
Your Money or Your Business: Decision-Making Processes in Ransomware Attacks.
In:
Proceedings of the Forty-First International Conference on Information Systems 2020.
Association for Information Systems: Virtual.
(In press).
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Abstract
In this paper, we explore decision-making processes of ransomware victims, focusing on organisations. We examine 39 ransomware attacks using qualitative data collected from victims and police officers from cybercrime units in the UK. A basic premise of this paper is that victims make rational decisions to (not) pay ransoms. Their decision-making processes represent a complex infrastructure that consists of several reasons that drive these choices. Our research shows that victims weigh the costs and benefits of the attack outcomes before making final decisions. The aim of this work is to develop an in-depth understanding of these processes and suggest measures to avoid ransom payments, which, in turn, will help reduce ransomware crime.
| Type: | Proceedings paper |
|---|---|
| Title: | Your Money or Your Business: Decision-Making Processes in Ransomware Attacks |
| Event: | Forty-First International Conference on Information Systems 2020 |
| Location: | India |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | https://aisnet.org/page/ICISPage |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | Ransomware attacks, Rational Choice Theory, organisations, decision processes |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Security and Crime Science |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10110901 |
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