Scammers are everywhere, and they’re continually coming up with new and more sophisticated ways to separate you from your money.
Recognizing this growing threat to consumers, in 2019 the federal government earmarked $15 billion for cybersecurity issues spread out across more than 70 agencies. The funds are being used to stop government security breaches, ransomware attacks, and various types of fraud that can impact millions of Americans.
Several scams have popped up in recent weeks. As if you don’t already have enough else to worry about, you need to take steps to not only social distance yourself from other people, but to scam distance yourself as well.
When you’re a small business owner, as if you don’t already have enough to worry about, crooks have become a lot more sophisticated in trying to scam you out of your hard-earned money.
As scammers have become more sophisticated, and there are more areas of vulnerability than ever before, small business owners must do more to be on the lookout for costly and preventable losses.
In 2018, the Social Security Administration reported 63,000 consumer phone scam claims with a median loss reported at $1,484.
