Your anti-fraud toolkit
Recognize, reject and report it
Why should we care?
In Canada, in 2023, there were:
62,365Reports of fraud
|
41,111Victims of fraud
|
$554Mlost to fraud
|
What can we do?
Recognize it
Recognize what different scams look like and when someone is trying to fool you. Explore the great resources below to learn more about how to protect yourself and your money.
Reject it
Reject the scam and don’t give in to fraudsters:
- Don't be afraid to say no
- Don't be intimidated by high-pressure tactics
- Do your research
- Don't give out personal information
Report it
If you suspect you or a loved one has been a victim of fraud, reach out to our Contact Centre at 306.842.6641. We can help; have staff on our team whose entire job is protecting you and your money. We'll guide you through the next steps including reporting the fraud to the Canadian Anti-Fraud Centre.
How to recognize, reject and report fraud
Password best practices
Keep your personal and financial information safe with strong and unique passwords. Strong passwords are:
- Long - at least 16 characters long (even longer is better).
- Passphrases - use a passphrase of 5 –7 random words.
Set up security alerts
Alerts are a fantastic tool in preventing and mitigating fraud. You can set up different alerts on each account and credit card. They're free and easy-breezy to set up.
Interac e-Transfers® best practices
We all love Interac e-Transfers® because they make it so easy to move money to friends or family. Just as every rose has its thorns, there is risk with e-Transfers® if they aren't used prudently. The good news is it's manageable.
Be fraud smart
Here are some tips and tricks to recognize and protect yourself from scams and fraud. Remember, if it seems too good to be true, it is.
Check your credit report for fraud
When looking at your credit report, look for accounts that don't belong to you. Accounts that you don't recognize might mean that someone has applied for credit under your name - or it could just be a simple administrative error. Taking the steps to have it corrected will help either way; we can help.
P.S. We just happen to offer a free service to check and monitor your credit bureau.
Want to learn more?
Why not take a quick, free, interactive course?
We recommend Protecting yourself from identity theft and scams through Enrich - our awarding winning financial education platform.
Learn how to protect your identity and sensitive information from online scams and real-world threats in the ever-evolving junction between technology and personal finance.