Protect your cryptocurrency brand
Whether you offer cryptocurrency, NFTs, crypto-gaming, digital wallets, or any other blockchain-based offering, your company, and customers are the first targets of digital attacks and other scams. According to the Federal Trade Commission (FTC), cryptocurrency was the most common payment method used in investment scams in 2021, and this trend is only rising.
Phishing attacks, social media impersonations, and countless scams surrounding e-wallet and cryptocurrency trading would cost you a large amount of money in case of an attack.
Indeed, the cryptocurrency industry is highly sensitive to scams and frauds and we have witnessed companies collapsing following one scam. An absolute nightmare for any company. So whether you are a B2C cryptocurrency exchange platform or you are B2B cryptocurrency trading company – you need the highest level of protection. You need BrandShield.
Common Use Cases:
- Trademark Infringement
Common Platforms Used:
- Social Media
- Mobile Apps
Cryptocurrency scams damages
For your business
- Revenue loss
- Reputation loss
- Customer churn
- Legal liability
- Cyber security breaches
For your customers
- Money loss
- Account takeover
- Viral malware spreading
Benefit from BrandShield’s experience
BrandShield has protected numerous cryptocurrency companies. Whether they were involved with blockchains, cryptocurrency trading, NFT, gaming, using ICO or not, we repeatedly detected and removed phishing websites and social media impersonations successfully. Recently BrandShield partnered with a crypto company that was suffering from repeated CEO impersonations and fraud attempts on social media. During the first month, we detected and removed over 230 fake profiles on Twitter, Instagram, LinkedIn, and others.
Some of our unique features utilized to detect scam sites and social media impersonation
Domain protection against cybersquatting and typosquatting
Honeypot traps to detect suspicious social media bots
Website copy detector – automatic detection of copycat websites
Unique mobile application protection
Dedicated crawlers to 13 major social media platforms including Facebook, Twitter, LinkedIn, and TikTok
Deep content-based analysis including NLP (natural language proccessing), logo recognition, keyword analysis, and more
Cluster detection – advanced dedicated features to detect scam networks
NFT scams data you need to know
Of people targeted by crypto scams are less likely to reinvest in the future.
Lost by Americans as a result of cryptocurrency fraud in 2021.
People have reported cryptocurrency scams between the first day of 2021 and the end of March 2022.
Our partnership with The SandBox
The SandBox is a Hong Kong-based metaverse gaming platform, their personal challenge was phishing websites and social media impersonations. After the first two months of the partnership, we were able to neutralize 120 phishing sites and 58 fake social media accounts impersonating the metaverse platform. If you want to read more about our partnership and how BrandShield helped The SandBox, click here.
We are pushing our efforts for better prevention through education and by partnering with best-in class industry actors to maintain the most enjoyable user experience. With its ability to monitor and protect against these attacks, BrandShield is a strategic partner to help identify faster and take down phishing attacks and various online threats from brand impersonators and bad actors.”
Chief Operating Officer and Co-Founder