In our first two parts of The Ultimate Vishing Guide for Business, we've delved deep into the world of vishing and the importance of employee training. In Part 3 we shift our focus to a particularly malicious form of vishing: brand identity spoofing. This tactic is where scammers impersonate your brand, hijacking the trust you have earned in order to exploit customers and even non-customers. This type of vishers is, can we say, vicious, and causes significant harm to a brand.
In this guide, we will discuss:
Brand identity spoofing is when a scammer makes calls claiming to represent a trusted brand. Starting from a position of trust, they are much more able to extract sensitive information from their mark, or even get them to complete steps (like installing a “support portal app”) that benefit the attacker. For businesses, the ramifications are broad: the brand suffers reputation damage, often losing existing customers or souring potential customers; but also, direct financial losses in trying to unravel what happened and in supporting the scammed person. Direct losses may come from customer-service granted credits, lost business, lost future business, and the time and effort it takes your customer service and security teams to resolve the situation.
Strategies To Protect Your Brand From Brand Spoofing Scams
As we learned in Part 2, employee education is critical to direct vishing scams. But how can a brand even begin to mitigate the damages of external phone calls to people that may not even be their customer?
Here are strategies to dramatically reduce the damage caused by vicious vishers using your brand’s name in scams:
Partner with a Cutting-Edge Expert: Very few, if any, brands are experts at stopping external brand identity spoofing and vishing. It’s not your core competency, nor should it be. So find an organization that’s using cutting-edge technology and years of experience to help stop the vishers using your name.
New Tools To Stop Brand Identity Spoofing: Brand Protection Management
There are a range of excellent partner companies, but one is a clear leader in terms of experience and technology: YouMailPS, a pioneer in the realm of telecommunication security.
YouMailPS (the PS stands for “Protective Services”) is the enterprise side of well-known YouMail, which has protected consumer phones from spam for over 15 years.
YouMailPS's enterprise solutions are designed to protect businesses and their customers from phone-based fraud. Their platform leverages a combination of AI, machine learning, and a vast sensor network to detect and block malicious calls.
Founded with the mission to protect communication in an increasingly connected world, YouMail and YouMailPS have been the leaders in the fight against unwanted calls and phone fraud. They’ve protected over 350 million phone numbers, stopped over a billion robocalls, and answered well over 10 billion calls.
Brand identity spoofing is a sophisticated and damaging form of vishing, posing a significant threat to businesses and their customers. However, with advanced tools like those offered by YouMailPS, businesses can proactively defend against these threats. By leveraging AI, machine learning, and an extensive sensor network, YouMailPS provides businesses with the tools they need to protect their brand reputation and foster trust among their customer base.
Stay tuned for Part 4, where we'll delve deeper into the technological tools available to businesses in their fight against vishing.
For more information on securing your business communication, contact YouMailPS — the industry leaders in detecting and protecting brands from fraudulent voice communications.