International Journal of Computer Applications |
Foundation of Computer Science (FCS), NY, USA |
Volume 174 - Number 2 |
Year of Publication: 2017 |
Authors: Swaleha Zubair, Mohd Saqib |
10.5120/ijca2017915322 |
Swaleha Zubair, Mohd Saqib . BitCryptRansomware: A New Challenge in the Upcoming Era of Cashless Economy. International Journal of Computer Applications. 174, 2 ( Sep 2017), 15-18. DOI=10.5120/ijca2017915322
The present study discusses impact of BitcryptRansomware in the upcoming era of cashless economy. The wide usage of Bitcoins and e-transactions makes it mandatory to have knowledge about anticipated online threats which one can come across upon wielding of proposed cashless economy. Bitcoin can influence upon both legal as well as illegal dark web based business. BitCryptRansomware can target lots of data and eventually economy. In fact cashless economy is prone to a range of malpractices that may pose a great deal of economy threats. Besides discussing various modes in effective hacking, the present paper also highlights measures and strategies to counter such attacks.