Your business may be well-armed against email-based phishing scams, but you shouldn’t neglect your VoIP (Voice over Internet Protocol) systems. Hackers can disguise themselves as a bank representative and convince your employees to provide confidential financial details. All this via a seemingly harmless VoIP call. Your business will be well-served by guarding itself from this new breed of phishing.
VoIP phishing scams are on the rise is the ease by which cyber criminals can hide their tracks. They can pull off scams with minimal risk of detection.
Using a fake number, they can call one of your employees, pretend to be a bank or government representative, ask for critical business information — like employee data, bank details, and company intellectual property. Scammers can also manipulate local numbers to emulate multinational banks, which they will then use for various VoIP scams.
Cyber criminals don’t have to be geniuses to configure VoIP deployments, make personal or automated phone calls, and run away with your money and data. They only need to know the basics of a VoIP setup.
VoIP hardware such as IP-PBXs, IP phones, and routers have become affordable and more accessible. Hackers can conveniently connect this equipment to PCs to record phone calls and steal information.
Also, fake numbers are difficult to track because they can be destroyed instantly. With advanced voice-changing software widely available nowadays, a VoIP phishing scam is much easier to pull off.
In some VoIP phishing scams, attackers don’t even have to destroy a number to cover their tracks. Instead, by tampering with the caller ID, they can trick users into thinking that they’re talking to a legitimate Microsoft technical support staff, a PayPal representative, or a fraud investigator.
Traditional phones are still used for phishing scams, but they don’t compare to the efficiency VoIP affords. This allows attackers to target victims all over the globe at a fraction of the cost.
Other than traditional phones and email phishing scams, cyber criminals are resorting to VoIP scamming due to its cost-efficiency. Scammers are sneaky and resourceful, they will exhaust all possible means to attack your systems for profit — that includes your VoIP channels.
To protect against VoIP-based scams and ensure your employees aren’t easy targets, set stringent policies on information-sharing and impose strict security processes for all business communications. Protect your company against all types of scams by getting in touch with our experts today at 336-776-0060.
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