The month of March is fraud awareness month in Canada. It is a period where consumers are targeted with information from organizations such as government, police or financial institutions designed to educate them about the dangers of fraud.
Now, we’ve all seen things like the famed Nigerian scam but even though some of these seem hokey or unbelievable we still see roughly 4-in-10 Canadians caught up in some sort of fraud scheme.
There is plenty of information available to protect yourself from these scam artists – the feds have plenty of information along with banks. A simply Internet search will turn up a host of articles offering tips or simple tools to protect yourself. They range from not answering clearly fraudulent phishing emails or being a little loose with passwords such as storing them in a book that you carry around.
The head of financial crimes and fraud management at TD Bank says fraudsters are getting more sophisticated so we have sharpen our defenses in response and scams don’t discriminate….they come through the phone, email or text.