Patents spur new, improved models to detect business email compromise in Microsoft 365
Boston, Mass. – July 1, 2021 – Vade, a global leader in predictive email defense with one billion protected mailboxes worldwide, today announced that it has been granted three U.S. patents related to novel text data augmentation techniques that improve the accuracy of business email compromise (BEC) detection for their MSP customers and Vade for M365 end users.
The new method leverages multiple transformations such as multi-step back translation and entities replacements to train machine learning models to detect spear phishing and BEC emails, and is deployed in Vade for M365, which uses predictive AI technology and threat intelligence to block the latest Microsoft 365 email threats. As such, Vade’s unique new data augmentation plans will allow customers to detect, with unprecedented accuracy, spear phishing emails by threat typologies, including initial contact, CEO fraud, tax scam, gift card fraud and lawyer fraud.
“The new capabilities from Vade are instrumental in providing peace of mind that we are armed with better detection and higher confidence,” said Scott Anderson, Vade Partner and Senior Vice President at Kelley Connect. “We are already seeing the tangible benefits of the technology to thwart these ever-elusive phishing attacks.”
According to the FBI, BEC attacks cost businesses a whopping $1.8 billion last year. However, only one in 40,000 person to person emails in the U.S. and one in 250,000 in Europe are spear phishing or BEC. This limited amount of data, as well as access to the existing data, can make it difficult for machine learning models to accurately detect these threats. With the new technology, Vade is working to combat this by generating a large data set, leading to improved models, better detection and fewer false positives.
“Business email compromise is far too often the reason for major financial turmoil within a company solely because there is just a short text – no URL, no file attachment - that makes the detection very challenging. This is especially pressing as some transition into a permanently remote workforce,” said Sebastien Goutal, Chief Science Officer, Vade. “We have a team of research scientists that are dedicated to solving cybersecurity issues in the long term, as well as develop a capability that can be implemented outside of the fraud prevention space.”
To learn more about Vade for M365 or to request a demo of the solution, visit Vade for M365.