7 Ways to Protect Against Phone Scams

Every year, people report fraud, identity theft and bad business practices to the Federal Trade Commission (FTC) and law enforcement partners. According to FTC data:

* More than 2.8 million people reported fraud in 2021.

* Of those who reported fraud, 1 out of 4 people also lost money.

* The median loss amount for scams that start with a call is $1,200—higher than any other contact method.