Canadians may overestimate their ability to spot phishing scams

Despite a growing understanding that cyber security is essential in a digital era, some Canadians still need help in getting the message that simple steps can make a big difference in protecting personal information from cyber criminals. The Canadian Bankers Association (CBA) partnered with Optimity (the new home of the Carrot Rewards app) during Cyber Security Awareness Month […]

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Fraud alert: Canada Revenue Agency Scam

Members of the Royal Canadian Mounted Police (RCMP) Greater Toronto Area Financial Crime Unit would like to further warn the public of the ongoing Telephone /Cyber fraud perpetrated by scammers claiming to be Canada Revenue Agency employees. The following is a realistic portrayal of a Canada Revenue Agency (CRA) scam that has been seen by […]

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Subscription traps: “no-strings attached” trial offers could leave you with your hands tied

“Tick-tock, time is running out! Take advantage of this free trial offer now!” We’ve all seen them: social-media ads that promise to send a free, no-obligation trial product directly to your home for only a small shipping and handling fee. You might be tempted by that free trial of weight-loss pills, muscle-enhancement pills or anti-wrinkle serum, […]

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Majority of Canadians (61%) say that social isolation can increase vulnerability to fraudsters

According to a TD Fraud Survey released today for Fraud Prevention Month, a majority of Canadians believe social isolation and major life changes increase Canadians’ vulnerability to financial fraud.  While fraudsters continue to target Canadians of all ages and life stages, only 13% of Canadians say they personally feel vulnerable about being a target for […]

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