With tax season approaching, Canadians are being warned about the rise of sophisticated scammers pretending to be the CRA or banking institutions, as online criminal networks continue to grow.
and online scammers pump out eerily convincing emails.
He says international scammers have made it a point to even follow Canadian spelling in their emails to make it more believable to Canadians, making it more difficult to find the warning signs of a phishing scam. Those behind phishing and spear phishing scams either pretend to be a generic, known business or organization, or they act as a targeted business that an individual has current ties to; like the banking institution they use on a daily basis. According to the, 9,000 phishing and spear phishing scams were reported to the CAFC in 2021, amassing $54 million in victim losses.
Wisniewski says because the CRA will only approach individuals online for message notifications, it can be easier to detect fraudulent activity from scammers pretending to be the CRA. However, he says, he's concerned with emails from scammers pretending to be banking institutions or targeted businesses, especially after recent cybersecurity attacks.was recently affected by a cyberattack that impacted the bookstore chain's website and electronic payment system.
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