Journal of Digital Security

An Open access peer reviewed international Journal.
Publication Frequency- Quarterly
Publisher Name-APEC Publisher.

ISSN Online- 3104-6819
Country of origin-South Africa
Language- English

Ransomware Economics: Trends, Motivations, and Counterstrategies in the Asia-Pacific Region

Keywords

Ransomware Economics Asia-Pacific Cybersecurity Ransomware-as-a-Service (RaaS) Double Extortion Triple Extortion StateSponsored Ransomware North Korea Cybercrime Cryptocurrency Ransom Payments.

Authors

Xing Yang Independent Scholar China

Abstract

The Asia-Pacific (APAC) region has become a prime target for ransomware operators, experiencing dramatic growth in attacks
impacting businesses, governments, and critical infrastructure. This paper analyzes the evolving economic dynamics driving the
regional ransomware epidemic. We examine key trends (Ransomware-as-a-Service, double/triple extortion), dissect attacker
motivations beyond mere profit (geopolitical aims, state sponsorship), and critically evaluate counterstrategies employed by APAC
nations and organizations. We argue that effective mitigation requires a multi-faceted approach combining enhanced technical
resilience, stringent regulatory measures disrupting the ransomware payment ecosystem, improved cross-border law enforcement
collaboration, and targeted efforts addressing unique regional vulnerabilities

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