More businesses lost larger sums of money to #phone #scams in past year. Fraudulent phone calls have been an issue for years, and they're becoming more common. According to a recent report from Truecaller (truecaller.blog), 59.49 million Americans lost #money to scam calls in the past year, costing $29.8 billion. These #threats have risen in both number and cost, and businesses can't afford to ignore this trend. The #COVID-19 #pandemic has also played a crucial role in creating a perfect storm of fraud. #cyber #telecom

https://cybersecurity.att.com/blogs/security-essentials/more-businesses-lost-larger-sums-of-money-to-phone-scams-in-past-year