Brand Impersonation: A New Threat to Your Business Reputation

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What Is Brand Impersonation?

Brand impersonation refers to an individual or group pretending to be a brand (or affiliated with it in some way) to obtain sensitive information from current or potential customers or employees. Not only can such an attack cost customers time and money, but it can also cost the brand its reputation and bottom line.

Brands take a lot of time and effort to build. Not only does a brand accurately represent your company and its products and services, but it also serves as a pillar of trust for your customers. Unfortunately, scammers sometimes exploit the hard work of business owners and use their brands for illicit activity. 

As a business owner, there are steps you can take to keep impersonation attacks at bay with proactive prevention. With awareness, training, and advanced technology, it’s possible to protect your brand and ensure its longevity.

How Do Brand Impersonation Attacks Work?

Most impersonation scammers use mass spam emails to trick people into giving up their personal information. Attackers are meticulous with their methods, often taking the following steps to craft their con:

  • Researching a brand to determine its level of access to confidential information.
  • Crafting a believable approach using a familiar avenue of contact.
  • Leveraging well-designed brand templates and similar URLs or email addresses.

Although scammers may often seem to be throwing caution to the wind, they operate in very sophisticated ways.

Types of Impersonation Attacks

Companies must be aware of how fraudsters carry out their attacks so they can understand what to do to thwart them. In general, scammers use four types of brand impersonation attacks. 

Phishing

Also referred to as service impersonation attacks, phishing involves impersonating a typically large or famous brand in order to steal sensitive information from its current or potential customers and employees. 

A phishing email may ask you to reset a password, verify an account, or log in to a fake (albeit believable) account so scammers can obtain accurate login information and take over your account. This type of impersonation sometimes occurs with business executives, as well, where scammers may use hijacked accounts to access trade secrets or authorize transactions.

Here are some common types of phishing attacks:

  • Email phishing attacks often use a company’s name or logo to deceive users into clicking on malicious links that can lead to identity theft, financial loss and other serious consequences.
  • SMS and voice phishing attacks involve requests to click on fraudulent links. These messages may appear as if they were sent by legitimate companies or organizations.
  • Spear-phishing emails are specifically targeted at employees within an organization in order to gain access to confidential data.

Brand Hijacking

Brand hijacking, also known as spoofing, occurs when a scammer impersonates a business’s email address, URL, or social media handle. It’s a form of social engineering that psychologically manipulates a victim into engaging with a bad actor to give them access to personal information.

Executive impersonation

Executive impersonation is a subset of fake social media accounts. This is a growing problem in the digital age, where cybercriminals are increasingly targeting high-level executives in order to gain sensitive information.

These attacks involve impersonating an executive or other trusted figure within an organization to trick employees into revealing confidential data or transferring funds. Attackers use sophisticated tactics such as social engineering and spear-phishing emails to increase the chances of success.

While the attack types above outline the techniques scammers rely on, the scenarios below show how those techniques actually appear to victims across different channels.

Brand Impersonation Examples

Examples of impersonations show up in different ways across email, social media, and the web. The scenarios below highlight how these attacks typically appear in the real world so your team can recognize the warning signs faster.

Scenario Where It Happens What Victims See Resulting Damage
Fake Password Reset Email A message prompting the user to “verify your account” or “reset your password” via a link that mimics the brand’s login page Credential theft leading to account takeover
Fake Executive Message Email, SMS, messaging platforms Urgent requests framed as coming from a CEO or executive asking for payment, gift cards, or sensitive files Unauthorized transfers and exposure of confidential data
Typosquatted Storefront Lookalike website or domain Nearly identical branding, product pages, and checkout flow designed to mislead shoppers Credit card theft, fraudulent purchases, and customer distrust
Fake Social Profile Instagram, Facebook, LinkedIn, X Posts, ads, or direct messages from an account using the company’s name, logo, or content Misinformation, financial scams, and reputational harm
Customer Support Spoofing Phone calls, chat apps Imposters posing as support agents who ask for login details or payment information Compromised accounts and financial loss

Brand Impersonation Protection

Intelligent protection is the key to keeping your brand and customers safe, and any company looking to protect its brand from impersonation will need more the right tools in their tech stack.

Training

According to an IBM survey, human error causes over 90% of security breaches. As such, ensure your staff is aware of common scams and well-trained to spot brand impersonation and phishing attempts.

Educating employees and customers about cyber security is crucial in protecting your business from brand impersonation attacks. Phishing emails and scams that imitate the company’s branding are becoming more sophisticated, making it difficult to distinguish between legitimate and fake emails. Here are some tips on how to train your employees and customers:

  • Educate employees on how to identify phishing emails and scams that impersonate the company’s branding.
  • Offer cyber security training sessions for customers who use their email as a login credential.
  • Inform customers about common tactics used by scammers to commit brand impersonation attacks.

By implementing these practices, you can reduce the risk of brand impersonation attacks and safeguard your business reputation. Remember, prevention is always better than cure when it comes to cyber threats.

Domain name security

To protect your brand from impersonation online, it’s crucial to secure your domain name. Register multiple domain extensions (.com, .net, .org) to prevent cybercriminals from using similar domains for malicious purposes. Enable WHOIS privacy protection to keep personal information hidden from public view and avoid being targeted by scammers or spammers.

Renew domain registration regularly to prevent expiration and potential hijacking. Expired domains can be easily bought by attackers who may use them for phishing attacks or other illegal activities that damage your business reputation. By taking these proactive steps, you can safeguard your company’s online identity and maintain the trust of your customers and stakeholders in today’s digital age.

Automation

Advanced artificial intelligence tools can scan the internet for fake websites, domain typos, and even logo infringements in milliseconds. They can also automate and accelerate the takedown process and continuously monitor emerging impersonation attempts.

In the end, using a multi-faceted protection strategy will help ensure your business can thrive despite existing technological dangers. 

To see how Bolster’s automated digital risk and threat detection technology monitors and protects against brand impersonation attacks, request a free demo today.