Business Model of a Botnet

Botnets continue to be an active threat against firms or companies and individuals worldwide. Previous research regarding botnets has unveiled information on how the system and their stakeholders operate, but an insight on the economic structure that supports these stakeholders is lacking. The objective of this research is to analyse the business model and determine the revenue stream of a botnet owner. We also study the botnet life-cycle and determine the costs associated with it on the basis of four case studies. We conclude that building a full scale cyber army from scratch is very expensive where as acquiring a previously developed botnet requires a little cost. We find that initial setup and monthly costs were minimal compared to total revenue.Comment: Proceedings of 2018, 26th Euromicro International conference on Parallel, Distributed, and Network-Based Processing (PDP

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

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

Mapping the business model canvas to ArchiMate

Many IT projects fail to succeed in the market, as they start purely from technology. Much effort is therefore wasted, while the potential benefits are not realized. We argue that the design process should start with creating a business model, which is then translated to an architecture to ensure fitness for market of the future system. Therefore, we propose a mapping from Osterwalder’s business modeling canvas and ontology to the enterprise architecture modeling standard ArchiMate, which makes the above translation possible and represents a formal basis for business modeling in ArchiMate. A case study illustrates the mapping between the two languages