{"id":938,"date":"2017-03-28T12:00:46","date_gmt":"2017-03-28T11:00:46","guid":{"rendered":"http:\/\/blogs.kent.ac.uk\/economics\/?p=938"},"modified":"2020-02-17T17:37:01","modified_gmt":"2020-02-17T17:37:01","slug":"how-cybercriminals-could-demand-better-ransoms","status":"publish","type":"post","link":"https:\/\/blogs.kent.ac.uk\/economics\/2017\/03\/28\/how-cybercriminals-could-demand-better-ransoms\/","title":{"rendered":"How cybercriminals could demand better ransoms"},"content":{"rendered":"<p>&#8216;You&#8217;ve infected a computer, locked it down and demanded a ransom. Congratulations, you&#8217;re a cybercriminal. The bad news is that you&#8217;re doing a terrible job of maximizing profits.<\/p>\n<p>Ransomware was an estimated <a href=\"https:\/\/www.cyberscoop.com\/fbi-ransomware-ibm-survey\/\">$1 billion-per-year<\/a> industry as of 2016, but new research from computing and economics academics at the University of Kent shows that the &#8216;unsophisticated&#8217; techniques of ransomware criminals could easily be refined and &#8216;could lead to dramatic increases in profits at relatively little cost.&#8221;<\/p>\n<p>This is an excerpt from an article published in\u00a0<a href=\"https:\/\/www.cyberscoop.com\/ransomware-profit-margin-criminals-university-of-kent-study\/\">Cyberscoop<\/a> on research by Kent&#8217;s <a href=\"https:\/\/www.cs.kent.ac.uk\/\">School of Computing<\/a> and\u00a0<a href=\"https:\/\/www.kent.ac.uk\/economics\/staff\/profiles\/edward-cartwright.html\">Dr Edward Cartwright<\/a> and <a href=\"https:\/\/www.kent.ac.uk\/economics\/staff\/profiles\/anna-stepanova.html\">Dr Anna Stepanova<\/a> of the\u00a0School of Economics.<\/p>\n<p>Read the full article here:\u00a0<a href=\"http:\/\/ow.ly\/5oeb30aikRg\"><span class=\"invisible\">http:\/\/<\/span><span class=\"js-display-url\">ow.ly\/5oeb30aikRg<\/span><\/a><span class=\"tco-ellipsis\"><span class=\"invisible\">\u00a0<\/span><\/span><\/p>\n<p>-ENDS-<\/p>\n<p>Press coverage generated by this article:<\/p>\n<p>Interview for SC Media UK: <a href=\"https:\/\/www.scmagazineuk.com\/economic-analysis-reveals-cyber-criminals-make-bad-business-people\/article\/664843\/\">https:\/\/www.scmagazineuk.com\/economic-analysis-reveals-cyber-criminals-make-bad-business-people\/article\/664843\/<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;You&#8217;ve infected a computer, locked it down and demanded a ransom. Congratulations, you&#8217;re a cybercriminal. The bad news is that you&#8217;re doing a terrible job &hellip; <a href=\"https:\/\/blogs.kent.ac.uk\/economics\/2017\/03\/28\/how-cybercriminals-could-demand-better-ransoms\/\">Read&nbsp;more<\/a><\/p>\n","protected":false},"author":37654,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14,70],"tags":[],"_links":{"self":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts\/938"}],"collection":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/users\/37654"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/comments?post=938"}],"version-history":[{"count":4,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts\/938\/revisions"}],"predecessor-version":[{"id":1034,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts\/938\/revisions\/1034"}],"wp:attachment":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/media?parent=938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/categories?post=938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/tags?post=938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}