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 […]
Fraud
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 […]
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, […]
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 […]
Six in 10 Canadians are more worried about fraud today than ever before
The fraud landscape is transforming and Canadians across the country are facing scam attempts at every turn. While many Canadians recognize the various ways fraudsters can strike, 62 per cent say they are concerned about it more than ever before, according to a new study from Interac Corp. The Interac Fraud Prevention Index provides a […]