• Title/Summary/Keyword: Business email compromise

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A Study on the Effective Countermeasure of Business Email Compromise (BEC) Attack by AI (AI를 통한 BEC (Business Email Compromise) 공격의 효과적인 대응방안 연구)

  • Lee, Dokyung;Jang, Gunsoo;Lee, Kyung-ho
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.30 no.5
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    • pp.835-846
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    • 2020
  • BEC (Business Email Compromise) attacks are frequently occurring by impersonating accounts or management through e-mail and stealing money or sensitive information. This type of attack accounts for the largest portion of the recent trade fraud, and the FBI estimates that the estimated amount of damage in 2019 is about $17 billion. However, if you look at the response status of the companies compared to this, it relies on the traditional SPAM blocking system, so it is virtually defenseless against the BEC attacks that social engineering predominates. To this end, we will analyze the types and methods of BEC accidents and propose ways to effectively counter BEC attacks by companies through AI(Artificial Intelligence).