Contrary to popular belief, not only the very young or the very old that are vulnerable to identity fraud and theft.  As the first workshop of their Financial Literacy Series, the Revelstoke Credit Union held an Identity Theft and Fraud Prevention workshop on Tuesday, June 27th at the Senior’s Association Centre. They shared strategies on how to identify phishing and fraudulent scam emails, the most common spaces where identity thieves find your information, as well as how to keep your personal and financial information safe.

 

Here are just a few basics:

  • Limit the personal information you leave in your online spaces (Facebook, dating websites, LinkedIn, etc.);
  • Do not keep personal information like your driver’s license in your glove box or at work;
  • Burn/shred credit card statements, bank statements, tax information older than 7 years and receipts with credit card and debit purchases;
  • Financial/government institutions will NEVER email you asking for your personal or banking information
  • Check your credit report yearly (this is offered as a free service by Equifax Canada and TransUnion.

 

Here is what to look for in scam emails:

  • Dear valued customer, tax payer, etc. – an official organization will use your name
  • There are often typos in the message
  • Generally include a link to follow (DO NOT CLICK!)
  • They ask you for your personal information such as SIN number, banking information, address, etc.
  • If it seems too good to be true, it is.  Scam emails often lure people in saying they have won money/have remaining tax credit/inheritance, etc.

Big thanks to the RCU for this free workshop!