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Digital Forensics and Cyber Crime. 12th EAI International Conference, ICDF2C 2021, Virtual Event, Singapore, December 6-9, 2021, Proceedings

Research Article

Do Dark Web and Cryptocurrencies Empower Cybercriminals?

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  • @INPROCEEDINGS{10.1007/978-3-031-06365-7_17,
        author={Milad Taleby Ahvanooey and Mark Xuefang Zhu and Wojciech Mazurczyk and Max Kilger and Kim-Kwang Raymond Choo},
        title={Do Dark Web and Cryptocurrencies Empower Cybercriminals?},
        proceedings={Digital Forensics and Cyber Crime. 12th EAI International Conference, ICDF2C 2021, Virtual Event, Singapore, December 6-9, 2021, Proceedings},
        proceedings_a={ICDF2C},
        year={2022},
        month={6},
        keywords={Cryptocurrency Dark web Cybercrime Crypto market Trustworthiness analysis},
        doi={10.1007/978-3-031-06365-7_17}
    }
    
  • Milad Taleby Ahvanooey
    Mark Xuefang Zhu
    Wojciech Mazurczyk
    Max Kilger
    Kim-Kwang Raymond Choo
    Year: 2022
    Do Dark Web and Cryptocurrencies Empower Cybercriminals?
    ICDF2C
    Springer
    DOI: 10.1007/978-3-031-06365-7_17
Milad Taleby Ahvanooey1,*, Mark Xuefang Zhu1, Wojciech Mazurczyk2, Max Kilger3, Kim-Kwang Raymond Choo3
  • 1: School of Information Management, Nanjing University (NJU)
  • 2: Institute of Computer Science, Faculty of Electronics and Information Technology
  • 3: Department of Information Systems and Cyber Security, University of Texas at San Antonio (UTSA), San Antonio
*Contact email: M.taleby@ieee.org

Abstract

The dark web is often associated with criminal activities such as the sale of exploit kits using cryptocurrencies as payment. However, the difficulty in determining the identities of dark website owners and the tracing of the associated transactions compounds the challenges of investigating dark web activities. In this study, we explore how cryptocurrencies have been involved in cybercriminal activities on the dark web and the factors that drive cryptocurrency investments. Then, we present several recommendations and guidelines for prospective investors to help identify determinant factors for assessing investment risks in the cryptocurrency marketplace. We also present several potential research opportunities in cryptocurrency.

Keywords
Cryptocurrency Dark web Cybercrime Crypto market Trustworthiness analysis
Published
2022-06-04
Appears in
SpringerLink
http://dx.doi.org/10.1007/978-3-031-06365-7_17
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