The social and legislative principles of counteracting ransomware crime

Mafura Uandykova (), Anton Lisin, Diana Stepanova, Laura Baitenova, Lyailya Mutaliyeva, Serhat Yuksel and Hasan Dincer
Additional contact information
Mafura Uandykova: Narxoz University, Kazakhstan
Anton Lisin: Financial University under the Government of the Russian Federation, Russian Federation
Diana Stepanova: Plekhanov Russian University of Economics, Russian Federation
Laura Baitenova: Narxoz University, Kazakhstan
Lyailya Mutaliyeva: L. N. Gumilyov Eurasian National University, Kazakhstan
Serhat Yuksel: Istanbul Medipol University, Turkey
Hasan Dincer: Istanbul Medipol University, Turkey

Entrepreneurship and Sustainability Issues, 2020, vol. 8, issue 2, 777-798

Abstract: This article aims to analyze the relationship between the threat of ransomware and new effective counteraction principles for law enforcement agencies to utilize. Moreover, it contemplates on how specific behavior of persons can help reduce the threat of being infected with this malicious software. It establishes that certain changes made in society’s mentality towards their computer and network systems can significantly reduce the consequent damages of ransomware attacks. The manuscript uses a qualitative research approach and the analysis of variance (ANOVA), including an F-test, which defines major challenges in ransomware. This is the first empirical research piece which uses this type of data and approach for the analysis of current threats in global ransomware security. The article suggests that the main challenge is the systematic growth of ransomware connected to illegal businesses and the inattentive actions of casual users. The research paper proposes the implementation of global ransomware counteraction principles on the base of challenges that are present now and the prospects of rising threats in the future. In addition, the manuscript analyzes the trends of the last 2-years of attacks to find and determine new ways of successfully counteracting it for optimal innovative regional development.

Keywords: organizational performance; cybercrimes; innovation; regional development; information; security awareness; ransomware; law (search for similar items in EconPapers)
JEL-codes: K16 K24 M15 R58 R59 (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://jssidoi.org/jesi/uploads/articles/30/Uandy ... ransomware_crime.pdf (application/pdf)
https://jssidoi.org/jesi/article/729 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2020:i:2:p:777-798

DOI: 10.9770/jesi.2020.8.2(47)

Access Statistics for this article

Entrepreneurship and Sustainability Issues is currently edited by Manuela Tvaronaviciene

More articles in Entrepreneurship and Sustainability Issues from VsI Entrepreneurship and Sustainability Center
Bibliographic data for series maintained by Manuela Tvaronaviciene ().