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No fraud for you! How to fight identity theft

Bernadette Danyluk

By: , Manager, Small-ticket Credit

March is Fraud Awareness Month. We’ll publish posts all month covering fraud prevention and developments that affect you and your business. Check back each week to arm yourself with new fraud-fighting tips.

Fighting Identity Theft

Identity theft is a little like Seinfeld. It’s been around for what seems like forever, its popularity is still strong, and it’s likely not going anywhere any time soon.

According to the Canadian Anti-Fraud Centre, identity theft fraudsters stole over $11 million from nearly 20,000 Canadians in 2013. That’s an average of 55 victims per day each losing $550. That might not seem like a lot of money compared to the staggering workplace fraud numbers ($3.2 billion, according to one report in 2011!), but it’s still significant for people budgeting for groceries and other bills.

The good news: Identity theft isn’t inevitable. Check out our SlideShare below and take the proper steps to prevent fraudsters from stealing your identity and your money.


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