As scammers and cyber criminals become more cunning and sophisticated, many Canadians are falling victim to financial fraud.
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“Canadians, especially younger Canadians, are increasingly turning to online services and personal devices to carry out daily activities, making it more important than ever to safeguard private financial information,” said Doretta Thompson, CPA Canada’s financial literacy leader, in a recent media release. “The more we’re online, the more we’re opening ourselves up to smart scammers, so extra diligence is required.
“While Canadian banks take steps to notify and protect their customers from fraudsters, we don’t always know who is on the other side of our screens,” said Thompson, adding “many scammers use impersonation tactics to pose as a trusted source to steal money or personal information.” How do you know your connection is encrypted? “Look for a lock symbol or https in the address bar to the left of the website address,” offers the consumer division of the
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