Fraud Prevention Month

March is Fraud Prevention Month, and we’d like to remind you of the importance of being vigilant and well-informed to protect your finances, your personal information and your loved ones. Fraud can take many forms, and fraudsters are increasingly using sophisticated methods to deceive their victims.

Tips for Securing Your Personal Data Online:

Beware of public Wi-Fi and use a VPN: protect your connection and your online activities;
Use a complex password: long, unique, with letters, numbers and symbols;
Activate two-factor authentication (2FA): an essential additional security feature;
4. Update your software: correct security gaps with regular updates.

What to Do if You, or a Loved One, Is a Victim of Fraud?

If you or someone you know is a victim of fraud, it’s crucial to act quickly to limit the damage. Here are the steps to follow:

Show empathy and analyze the situation carefully;
Change passwords immediately;
Cancel fraudulent transactions;
Contact your local police;
Notify the credit bureaus;
Inform the relevant organizations;
Report fraud to the Canadian Anti-Fraud Centre;
Follow the advice of authorities and professionals;
Informing other family members;
Offering or receiving moral support.

For more information on the steps you need to take, consult our information sheet “What To Do in the Event of Fraud”.

Someone Close to You Has Accidentally Shared Financial or Personal Information And Refuses to Believe It’s a Fraud?

Adopt a gentle, reassuring approach;
Listen and ask open-ended questions;
Present concrete facts;
Reassure without insisting;
Suggest external support;
Respect the victim’s time;
Suggest informative resources.

For more information on the steps you need to take, consult our information sheet “Helping a Loved One to Accept That They May Have Been the Victim of Fraud”.

Fraud can affect anyone, but there are steps you can take to protect your finances and help those who fall victim to fraud. Take advantage of this month to review your security practices and educate your loved ones about the importance of fraud prevention. Take advantage of this month to review your security practices and educate your loved ones about the importance of fraud prevention.

If you have any questions or need help implementing security measures, please don’t hesitate to contact us. We’re here to help!

Regards,

Caisse Alliance Team