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Identity theft can happen to anybody – learn how to protect yourself

TORONTO, ONTARIO — (Marketwired) — 03/21/17 — Criminals only need a small amount of your personal information to steal your identity. With basic information like your birth date, social insurance number and your name as a starting point, criminals can impersonate you to commit a range of further crimes – from financial fraud and forgery to real estate fraud and the abuse of government programs.

Three signs you might be a victim of identity theft:

What banks are doing to protect customers

Banks have highly sophisticated security systems and experts in place to protect customers– information and to protect them from being the victims of financial fraud. Banks– work to protect consumers is an ongoing, vigilant effort. As well, banks work closely with law enforcement and help educate consumers about steps they can take to minimize the risk of becoming a victim.

“Banks take their role in the fight against identity theft extremely seriously. There are also simple steps that everyone can take to protect their personal information from theft,” says Terry Campbell, President of the Canadian Bankers Association. “One simple tip is to limit the amount of identification that you carry with you. If you–re just going out shopping, you don–t need your social insurance card – just keep it at home in a safe place.”

Here are more tips for Canadians on protecting their personal information:

What to do if you are a victim of identity theft

This is the third in a series of weekly releases being issued by the CBA during Fraud Prevention Month. Previous releases have focused on and the “”. In our final release next week, we will focus on the “binary options” scam.

The CBA is also issuing tips and information through Twitter () and its website throughout the month of March. Canadians can also subscribe to the CBA–s free .


About the Canadian Bankers Association

The Canadian Bankers Association works on behalf of 61 domestic banks, foreign bank subsidiaries and foreign bank branches operating in Canada and their 280,000 employees. The CBA advocates for effective public policies that contribute to a sound, successful banking system that benefits Canadians and Canada–s economy. The Association also promotes financial literacy to help Canadians make informed financial decisions and works with banks and law enforcement to help protect customers against financial crime and promote fraud awareness. .

Follow the CBA on Twitter:

Watch videos:

Follow the CBA on

Andrew Perez
Manager, Media Relations
Canadian Bankers Association
(416) 362-6093, ext. 219
Cell: (416) 587-7733

Short URL: https://www.88finance.com/?p=531532

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