Research commissioned by Barclays Bank reveals that almost half of SMEs have been targeted by fraudsters, and one-in-four of these has fallen victim.
Where businesses are caught out, the average cost is £35,000.
To mark Scams Awareness Month, Will Hayhurst of Cumbria Trading Standards looks at what businesses can do to protect themselves against the fraudsters.
To report fraud or attempted fraud, contact Action Fraud.
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