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Analyzing the risk and financial impact of phishing attacks using a knowledge based approach

  • Xi Chen
  • , Indranil Bose
  • , Alvin Chung Man Leung
  • , Chenhui Guo

Research output: Contribution to journalConference articlepeer-review

Abstract

We assess the severity of phishing attacks in terms of their risk levels and the potential loss in market value to the firms. We analyze 1,030 phishing alerts released on a public database as well as financial data related to the targeted firms using a hybrid text and data mining method that predicts the severity of the attack with high accuracy. Our research identifies the important textual and financial variables that impact the severity of the attacks and determine that different antecedents influence risk level and potential financial loss associated with phishing attacks.

Original languageEnglish (US)
Pages (from-to)119-126
Number of pages8
JournalProceedings of the International Conference on Electronic Business (ICEB)
StatePublished - 2009
Event9th International Conference on Electronic Business, ICEB 2009 - Macau, China
Duration: Nov 30 2009Dec 4 2009

All Science Journal Classification (ASJC) codes

  • General Business, Management and Accounting
  • General Computer Science

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