March is fraud Month and many Canadians are fighting back against scammers.
A national survey conducted for the Chartered Professional Accountants of Canada reveals that many Canadians are protecting themselves against fraud and identity theft.
The 2014 CPA Canada Fraud Survey shows that most respondents are taking action to protect their financial information as 72 percent said they always shred their banking and credit card statements, 68 percent stated they are very uncomfortable giving out personal or financial information through email, and 60 percent said they always check to confirm the shopping websites they use are encrypted when purchasing products online.
The survey also revealed that, despite the efforts, fraud in Canada remains widespread with nearly a third of the respondents report being victims of some form of financial fraud and almost half know someone who has been a fraud victim.
As part of Fraud Prevention Month, CPA Canada will be releasing an easy-to-use guide designed to help Canadians gain the knowledge and confidence required to take action to stop and report fraud.
The guide can be pre-ordered by visiting www.cpacanada.ca/financialliteracypublications.