Impact of Successful DDoS Attacks on a Major Crypto-currency Exchange

被引：20

作者：

Abhishta, Abhishta ^{[1
]}

Joosten, Reinoud ^{[1
]}

Dragomiretskiy, Sergey ^{[1
]}

Nieuwenhuis, Lambert J. M. ^{[1
]}

机构：

[1] Univ Twente, Enschede, Netherlands

来源：

2019 27TH EUROMICRO INTERNATIONAL CONFERENCE ON PARALLEL, DISTRIBUTED AND NETWORK-BASED PROCESSING (PDP) | 2019年

关键词：

Bitfinex; Crypto-currency; Abnormal Trades; Economic Impact; Event Study; Cyber Security; DDoS Attacks; VOLUME; EVENT;

D O I：

10.1109/EMPDP.2019.8671642

中图分类号：

TP3 [计算技术、计算机技术];

学科分类号：

0812 ;

摘要：

Distributed Denial of Service (DDoS) attacks provide an easy option for these criminals to disrupt the business of these online platforms. We analyse the economic impact of DDoS attacks on a crypto-currency exchange using event analysis. Our contributions are fourfold: Firstly, we develop an estimation model utilising ideas from behavioural finance to predict volume of crypto-currency traded on the basis of changes in price. Secondly, we perform an event analysis to evaluate whether there is an impact of a DDoS attack on the volume traded on the exchange in 17 different cases. Thirdly, we find that in 13 cases the negative impact due to a DDoS attack is recovered within the same day by the exchange. Finally, we evaluate hourly trade data to show why in most cases the volume traded recovers within a single day.

引用

页码：379 / 384

页数：6

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