Majority of Canadians feel like they're being targeted more than ever by financial fraud: Survey
BNN Bloomberg
The majority of Canadians feel like they’re being targeted more than ever by financial fraud, according to a survey by TD Bank.
In a survey released Tuesday, it found six-out-of-10 Canadians (62 per cent) say they’re being targeted by financial fraudsters and almost eight-in-10 (78 per cent) say they don’t have confidence in their ability to identify scams.
It also found almost half of respondents (47 per cent) think a higher cost of living will make them more vulnerable to financial fraud and scams.
"As Canadians report being targeted by a record number of financial fraud attempts, many can benefit from using the tools and resources available to protect themselves and their loved ones," Mohamed Manji, vice-president of Canadian fraud management at TD, said in the report.
