Decentralized Ransomware Recovery Network: Enhancing Resilience and Security Through Secret Sharing Schemes

Sijjad Ali, Jia Wang, Victor Leung, Asad Ali

2024

Abstract

Ransomware attacks present multiple threats to individuals such as businesses and organizations, causing data loss, financial stress, and operational interruptions. Traditional measures to mitigate ransomware threats usually include backups and secure applications. However, these countermeasures may not protect against sophisticated attacks. The purpose of this article is to explore a decentralized approach for recovering from multiple ransomware attacks. A decentralized secure approach is employed by the decentralized ransomware recovery network (DRRN) as a platform for sharing data privacy. Backup and restoration of encryption keys on shared domains are performed in the event of a ransomware attack. By paying for ransomware, users can encrypt their files. Additionally, the technical design of the DRRN and its management, as well as ransomware attacks are explored in our studies. A hybrid approach is utilized to evaluate its effectiveness and implications for cybersecurity and data protection. Finally, we assert that our proposed scheme is more secure and effective in the DRRN environment.

Paper Citation

in Harvard Style

Ali S., Wang J., Leung V. and Ali A. (2024). Decentralized Ransomware Recovery Network: Enhancing Resilience and Security Through Secret Sharing Schemes. In Proceedings of the 9th International Conference on Internet of Things, Big Data and Security - Volume 1: IoTBDS; ISBN 978-989-758-699-6, SciTePress, pages 294-301. DOI: 10.5220/0012713500003705

in Bibtex Style

@conference{iotbds24,
author={Sijjad Ali and Jia Wang and Victor Leung and Asad Ali},
title={Decentralized Ransomware Recovery Network: Enhancing Resilience and Security Through Secret Sharing Schemes},
booktitle={Proceedings of the 9th International Conference on Internet of Things, Big Data and Security - Volume 1: IoTBDS},
year={2024},
pages={294-301},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012713500003705},
isbn={978-989-758-699-6},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 9th International Conference on Internet of Things, Big Data and Security - Volume 1: IoTBDS
TI - Decentralized Ransomware Recovery Network: Enhancing Resilience and Security Through Secret Sharing Schemes
SN - 978-989-758-699-6
AU - Ali S.
AU - Wang J.
AU - Leung V.
AU - Ali A.
PY - 2024
SP - 294
EP - 301
DO - 10.5220/0012713500003705
PB - SciTePress