Nearly half of Canadians targeted by fraud in first half of 2023: TransUnion survey

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Nearly half of Canadians targeted by fraud in first half of 2023: TransUnion survey
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A recent survey conducted by TransUnion shows that about half of Canadians were targeted by fraud in the first half of 2023, with fraud attempts up 40 per cent from the previous year.

reveals that nearly half of Canadians have reported being targeted by a fraud scheme recently.

“There are a number of important considerations to take into account when attempting to measure the impact of digital fraud on any one particular industry,” TransUnion Canada head of identity management and fraud solutions Patrick Boudreau said in a press release. When it comes to how they were targeted and which fraud schemes were used against them, 47 per cent of respondents mentioned that they were targeted through phishing attempts, which typically using deception to steal personal or financial data through emails, websites, social media posts or QR codes.

In addition, be cautious when sharing personal information over the phone or online, especially if you didn't initiate the contact. Scammers often use phishing emails, fake calls, or texts to obtain sensitive data. Always verify the legitimacy of the requestor before sharing any personal or financial information.Another valuable tip is to thoroughly review your utility and subscription bills on a regular basis.

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