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.

We say it over and over, but the things you can do to protect yourself and your information are for the most part common sense. But, a lot of people don’t heed the advice … at their own risk.