Top 5 Potential Risks in VoIP Business
There are 2 prime sections of VoIP Business • Retail VoIP • Wholesale VoIP • Retail VoIP is easier to start than Wholesale VoIP and requires less investment • Though VoIP business is a profitable sector, there are also some risks. But the countermeasures are easy to apply and guarantee the safety of your business. • VoIP Frauds • Security Breach • Data Loss • Degrading Route and Service Quality • Cash Shortage There are 2 types of VoIP Frauds: • Fraud VoIP Companies • Fraud attacks on ongoing service Countermeasures: • Market survey • Careful selection of service provider • Good management of the business • Security breach can cause huge loss to the business • Some common threats: Arbitrage, Buffer overflow, Bypass/GSM gateway fraud, Call transfer fraud, Premium rate calls, PBX hacking • Countermeasure: Strong security, limited access, authentication and proper validation Common reason behind data loss: Hard drive crash of primary switch servers, deletion of the database due to human errors, software or hardware failure, operating system malfunctioning, natural disaster. Countermeasure: The best way to counter this is to use a secure softswitch or billing software which also has the option of data backup. • Degrading the quality of VoIP Route and Service over time is a common risk. • Countermeasure: Selection of a reputed service provider and constant monitoring of quality. Degrading the quality of VoIP Route and Service over time is a common risk. Countermeasure: Selection of a reputed service provider and constant monitoring of quality. WCEGA Tower, 21 Bukit Batok Crescent, Unit 15- 84, Singapore 658065, + 65 31586979 For General Enquiries: [email protected] For Business Partners: [email protected] For Wholesale/Retail Operations: [email protected] Follow us on https://www.inaani.com
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