Recherche — Vincent Grégoire
Documents de travail
Who Wins and Who Loses In Prediction Markets? Evidence from Polymarket
avec Pat Akey, Nicolas Harvie, Charles Martineau
Investing in Artificial General Intelligence
Noisy FOMC Returns? Information, Price Pressure, and Post-Announcement Reversals
avec Oliver Boguth, Adlai Fisher, Charles Martineau
Relative Performance Evaluation for Asset Managers: A Quantitative Assessment
avec Juan Sotes-Paladino
Size Distortions in Robust Estimators: Implications for Asset Pricing
avec Nicolas Harvie, Anthony Sanford
MeatPy: A Python Framework for Limit Order Book Reconstruction and Analysis
avec Charles Martineau
Publications
Price Revelation from Insider Trading: Evidence from Hacked Earnings News
Journal of Financial Economics, Volume 143, Issue 3, 2022
avec Pat Akey, Charles Martineau
How is Earnings News Transmitted to Stock Prices?
Journal of Accounting Research, Volume 60, Issue 1, 2022
avec Charles Martineau
Inverted Fee Structures, Tick Size, and Market Quality
Journal of Financial Economics, Volume 134, Issue 1, 2019
avec Carole Comerton-Forde, Zhuo Zhong
Shaping Expectations and Coordinating Attention: The Unintended Consequences of FOMC Press Conferences
Journal of Financial and Quantitative Analysis, Volume 54, Issue 6, 2019
avec Oliver Boguth, Charles Martineau
The Rise of Passive Investing and Index-linked Comovement
North American Journal of Economics and Finance, Volume 51, 101059, 2020
Actes de conférence
Extracting the Structure of Press Releases for Predicting Earnings Announcement Returns
Proceedings of the 6th ACM International Conference on AI in Finance, 2025
avec Yuntao Wu, Ege Mert Akin, Charles Martineau, Andreas Veneris
Mitigating Spillover Effects of Ransomware in Financial Markets: Lessons from the LockBit Attacks
International Symposium on Foundations and Practice of Security, 2025
avec Frederic Schlackl, Alina Dulipovici
Travaux étudiants supervisés
Circular Economy: A Fintech Driven Solution for Sustainable Practices
Fintech and Sustainability: How Financial Technologies Can Help Address Today's Environmental and Societal Challenges, Palgrave Macmillan, pp. 149-168, 2023
avec Kevin Guay
HFTViz: Visualization for the exploration of high frequency trading data
Information Visualization, Volume 21, Issue 2, 2022
avec Javad Yaali, Thomas Hurtut
Alternative Data
Big Data in Finance: Opportunities and Challenges of Financial Digitalization, Palgrave Macmillan, pp. 13-33, 2022
avec Noah Jepson
Autres contributions à la recherche
Documents de travail permanents
Publications pré-doctorat
Using copulas to model price dependence in energy markets
Energy risk, Volume 5, Issue 5, 2008
avec Christian Genest, Michel Gendron
Visible and infrared imagery for surveillance applications: software and hardware considerations
Quantitative InfraRed Thermography Journal, Volume 4, Issue 1, 2007
avec Amar El-Maadi, Louis St-Laurent, Hélène Torresan, Benoit Turgeon, Donald Prévost, Patrick Hébert, Denis Laurendeau, Benoit Ricard, Xavier Maldague
Mitigating Spillover Effects of Ransomware in Financial Markets: Lessons from the LockBit Attacks
International Symposium on Foundations and Practice of Security, 2025
Résumé
Ransomware attacks on financial institutions can have effects beyond the attacked institution itself. When the attacked institution is forced offline, other financial market participants are left unable to complete transactions or obtain information, disturbing normal operations of financial markets. In this paper, we argue that such spillover effects are an important aspect of ransomware attacks and that cybersecurity management should be concerned with them and their mitigation. We illustrate this using three recent cases of ransomware attacks by the LockBit group on financial institutions that had spillover effects on the wider financial market. We identify four lessons learned for market participants facing such spillovers: ensuring the quick substitution of blocked resources, preparing to execute automated processes manually, networking with industry associations, and actively involving regulators. Overall, we hope to raise awareness of spillover effects of ransomware attacks for cybersecurity research and practice.
BibTeX
@inproceedings{gregoire2025ransomware,
title={Mitigating Spillover Effects of Ransomware in Financial Markets: Lessons from the LockBit Attacks},
author={Gr{\'e}goire, Vincent and Schlackl, Frederic and Dulipovici, Alina},
booktitle={International Symposium on Foundations and Practice of Security},
year={2025},
publisher={Springer}
}