Every year in March, Fraud Prevention Month raises awareness about the growing threat of fraud and scams. Criminals are becoming more sophisticated every year – it's essential to stay informed and vigilant. Here are some specific tips to help you stay safe and avoid becoming a victim of fraud:
- Be Skeptical of Unsolicited Communication: If you receive a suspicious or odd message from a trusted business or friend, contact them through a different means of communication to confirm that it's actually them.
- Protect Your Personal Information: Use strong, unique passwords for online accounts. Never share sensitive information, like your Social Insurance Number or bank details, over the phone or online unless you trust the source.
- Monitor Your Financial Accounts: Regularly check bank statements and credit card bills for suspicious activity. Set up alerts for unusual transactions and report unauthorized charges immediately.
- Be Wary of Phishing Scams: Avoid clicking on links or opening attachments in unsolicited emails. Verify the sender's authenticity before interacting with the message.
- Be Cautious of Investment Opportunities: Research any investment thoroughly and seek advice from a financial professional. Be skeptical of unsolicited offers and avoid investments that seem too good to be true.
- Educate Yourself and Others: Stay informed about the latest fraud trends and share information with friends and family. The more people are aware, the harder it is for fraudsters to succeed.
Remember, always report suspected fraud. If you believe you've been a victim, report it to your local police and the Canadian Anti-Fraud Centre (CAFC) at 1-888-495-8501. Even if you're not a victim, report suspicious activity to the CAFC.
Fraud Prevention Month serves as a reminder to stay vigilant and proactive in protecting yourself from fraud. By following these tips and remaining aware of the risks, you can reduce your chances of becoming a victim and help create a safer community.