Tuesday, February 3, 2026
HomeMoney SavingThe right way to shield your self from id fraud in Canada

The right way to shield your self from id fraud in Canada

What we do know, nevertheless, is the kind of fraud reported most frequently in Canada: id fraud. To drag this off, criminals use phishing scams and different ruses to trick Canadians into revealing private and monetary data. Relying on what they discover out, scammers might impersonate you, cost purchases to your bank card, apply for a mortgage and/or mortgage in your title, drain your financial institution accounts, and extra.

It’s additionally changing into tougher to determine scams. Some fraudsters now use synthetic intelligence (AI) know-how to create extremely convincing audio and video “deepfakes” utilizing Canadians’ voices and faces. AI instruments are additionally serving to criminals goal exponentially extra folks directly, making scams tougher to keep away from.

The right way to shield your id

That will help you shield your self towards ID theft and fraud, we created a collection of how-to articles with sensible recommendations on prevention and what to do in case you suppose your id could have been stolen.

We’ve additionally launched a column devoted to serving to you shield particular issues and folks in your life. Examine again month-to-month for brand spanking new installments.

Movies about fraud and scams

How fraud and scams have an effect on Canadians

Study extra concerning the numerous sorts of scams focusing on Canadians right now, and what you are able to do to guard your self and get better from ID fraud.

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Equifax Full Safety is a credit score and cybersecurity safety service designed to assist Canadians spot the indicators of id fraud sooner.

  • Supplies each day credit score monitoring and alerts
  • Scans in your private knowledge on the darkish internet
  • Social media monitoring by trade chief ZeroFox

Subscription worth: $34.95 per 30 days

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About MoneySense Editors

About MoneySense Editors

MoneySense editors and journalists work carefully with main private finance consultants in Canada. Since 1999, our award-winning journal has helped Canadians navigate cash issues.

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