International Association for Cryptologic Research

International Association
for Cryptologic Research

IACR News item: 10 July 2024

Ke Zhong, Sebastian Angel
ePrint Report ePrint Report
This paper proposes Oryx, a system for efficiently detecting cycles in federated graphs where parts of the graph are held by different parties and are private. Cycle detection is an important building block in designing fraud detection algorithms that operate on confidential transaction data held by different financial institutions. Oryx allows detecting cycles of various length while keeping the topology of the graphs secret, and it does so efficiently; Oryx achieves quasilinear computational complexity and scales well with more machines thanks to a parallel design. Our implementation of Oryx running on a single 32-core AWS machine (for each party) can detect cycles of up to length 6 in under 5 hours in a financial transaction graph that consists of tens of millions of nodes and edges. While the costs are high, adding more machines further reduces the completion time. Furthermore, Oryx is, to our knowledge, the first and only system that can handle this task.

Additional news items may be found on the IACR news page.