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A Structured Overview of Attacks on Blockchain Systems

Title data

Guggenberger, Tobias ; Schlatt, Vincent ; Schmid, Jonathan ; Urbach, Nils:
A Structured Overview of Attacks on Blockchain Systems.
2021
Event: Pacific Asia Conference on Information Systems (PACIS) , 12.-14. Juli 2021 , Dubai, Vereinte Arabische Emirate.
(Conference item: Conference , Paper )

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Abstract in another language

Blockchain systems become increasingly attractive targets for cybercrime due to the rising amount of value transacted in respective systems. However, researchers and practitioners alike lack a comprehensive overview of existing attacks and a directive discussion of resulting implications. Employing a structured literature review, we an-alyze academic research concerning malicious attacks on blockchain systems. We ex-tract 87 relevant attacks and structure those using the attack tree notation. Our re-sults showthat the academic discourse revolves mainly around the analysis of a few individual attacks, and most publications deal with attacks on either Bitcoin or Ethereum. We further find that most attacks target the on-chain application logic component (smart contracts) of the blockchain technology stack as well as consensus mechanisms. A majority of attacks are mitigable, and socio-technical components play an important role in both attacks and applying effective countermeasures.

Further data

Item Type: Conference item (Paper)
Refereed: Yes
Keywords: Blockchain; IT Security; Structured Literature Review; Attack Tree
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration XVII - Information Systems and Value-Based Business Process Management
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 02 Sep 2021 10:05
Last Modified: 02 Sep 2021 10:05
URI: https://eref.uni-bayreuth.de/id/eprint/66899