Get Rich or Keep Tryin’ Trajectories in dark net market vendor careers

Dark net markets are a competitive environment. As these anonymous markets enable criminals to trade illicit goods or services, this causes vendors to operate under pseudonyms, rather than real-world identities. The constant battle between market admins and law enforcement makes the typical lifespan of a market two years. When a market...

Bitcoin money laundering: mixed results?: An explorative study on money laundering of cybercrime proceeds using bitcoin

Purpose: This paper aims to shed light into money laundering using bitcoin. Digital payment methods are increasingly used by criminals to launder money obtained through cybercrime. As many forms of cybercrime are motivated by profit, a solid cash-out strategy is required to ensure that crime proceeds end up with the criminals themselves without...

Lost in the Dream? Measuring the effects of Operation Bayonet on vendors migrating to Dream Market

Discerning Novel Value Chains in Financial Malware: On the Economic Incentives and Criminal Business Models in Financial Malware Schemes

Fraud with online payment services is an ongoing problem, with significant financial-economic and societal impact. One of the main modus operandi is financial malware that compromises consumer and corporate devices, thereby potentially undermining the security of critical financial systems. Recent research into the underground economy has shown...