Some good news for consumers: occurrences of debit fraud have dropped drastically year over year as chip cards become the norm. But forms of online fraud are still cause for concern, according to the Interac Association of Canada. Read on to learn more.
Did you know – March is Fraud Prevention Month in Canada? Awareness is the first step in avoiding falling victim to fraud. Here, Barry Choi of Moneywehave.com shares 6 credit card scams to keep an eye out for.
Be wary of unsolicited emails or calls promising a competitive low interest credit card in exchange for a fee – it’s the latest ploy from fraudsters out to acquire your sensitive financial information. Here’s how to protect yourself, and what to do if you’re targeted.