Presenter Information

Brad Wardman, PayPal Inc.Follow

Proposal / Submission Type

Peer Reviewed Paper

Location

Daytona Beach, Florida

Start Date

26-5-2016 9:00 AM

Abstract

Phishing has become one of the most recognized words associated with cybercrime. As more organizations are being targeted by phishing campaigns, there are more options within the industry to deter such attacks. However, there is little research into how much damage these campaigns are causing organizations. This paper will show how financial organizations can be impacted by phishing and present a method for accurately quantifying resultant monetary losses. The methodology presented in this paper can be adapted to other organizations in order to quantify phishing losses across industries.

Keywords: phishing, cybercrime, economics

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May 26th, 9:00 AM

Assessing the Gap: Measure the Impact of Phishing on an Organization

Daytona Beach, Florida

Phishing has become one of the most recognized words associated with cybercrime. As more organizations are being targeted by phishing campaigns, there are more options within the industry to deter such attacks. However, there is little research into how much damage these campaigns are causing organizations. This paper will show how financial organizations can be impacted by phishing and present a method for accurately quantifying resultant monetary losses. The methodology presented in this paper can be adapted to other organizations in order to quantify phishing losses across industries.

Keywords: phishing, cybercrime, economics