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Knowledge is power when it comes to fraud
By being aware of the different scams and tools fraudsters use and learning how they think, you can keep yourself and your loved ones safe.
Fraudsters are professionals at deception, and they continue to find more specific and detailed ways to trick you out of your money. But you can protect yourself against their schemes by practicing the three R’s of fraud prevention:
Recognize what different scams look like and when someone is trying to fool you
Reject the scam and don’t give in to fraudsters
Report any activity you suspect could be fraud or if you believe yourself or a loved one is a victim of fraud
Did you know?
Canadians lost a staggering total of $530 million due to fraud and cybercrime in 2022 - an increase of 40% compared to 2021.
A six-character password using all lowercase characters and a 26-character alphabet could be cracked by a computer in one second.
The top three scams of 2022 were investment scams, romance scams and spear phishing.
Tips to recognizing, rejecting and reporting fraud