The Age of Ransomware: A Survey on the Evolution, Taxonomy, and Research Directions

The proliferation of ransomware has become a significant threat to cybersecurity in recent years, causing significant financial, reputational, and operational damage to individuals and organizations. This paper aims to provide a comprehensive overview of the evolution of ransomware, its taxonomy, and its state-of-the-art research contributions. We begin by tracing the origins of ransomware and its evolution over time, highlighting the key milestones and major trends. Next, we propose a taxonomy of ransomware that categorizes different types of ransomware based on their characteristics and behavior. Subsequently, we review the existing research over several years in regard to detection, prevention, mitigation, and prediction techniques. Our extensive analysis, based on more than 150 references, has revealed that significant research, specifically 72.8%, has focused on detecting ransomware. However, a lack of emphasis has been placed on predicting ransomware. Additionally, of the studies focused on ransomware detection, a significant portion, 70%, have utilized Machine Learning methods. We further discuss the challenges found such as the ones related to obtaining ransomware datasets. In addition, our study uncovers a range of shortcomings in research pertaining to real-time protection and identifying zero-day ransomware. Adversarial machine learning exploitation has been identified as an under-researched area in the field. This survey is a constructive roadmap for researchers interested in ransomware research matters.