THEFT OF INFORMATION HELD BY THIRD PARTIES
Whenever you hand your personal information over to a third-party (to the government or your bank, or when you pay for something with your credit card), you expect it to handled securely.
But maybe one day you’ll get a letter from your bank saying your personal information has been compromised after an employee had their laptop stolen. Or maybe you’ll receive an email from a company you’ve done business with saying their computer system has been hacked into. Thankfully, your bank or the company is doing the responsible thing by notifying you immediately. But it’s still bad news that you now have to deal with the possibility that your identity has been stolen.
How to protect and minimize risks
- Act quickly, before fraudsters have a chance use your personal information.
- Ask your bank to put a fraud alert in your file and to notify you about any suspicious activity that’s out of line with your usual spending habits.
- Notify your credit card issuers about the possibility of fraud and ask them to freeze your accounts.
- Change all your passwords and PINs.
- Check your credit report with the credit bureaus and have them add a fraud alert to your file.
- If you think your SIN has been used, contact Service Canada about how to protect it or get a new one.
Now you can breathe easier knowing you’ve done everything possible to reduce the risk of fraud