{"id":75068,"date":"2020-03-02T10:30:00","date_gmt":"2020-03-02T10:30:00","guid":{"rendered":"https:\/\/interac1.wpengine.com\/content\/%content-category%\/six-in-10-canadians-are-more-worried-about-fraud-today-than-ever-before\/"},"modified":"2025-05-30T14:27:48","modified_gmt":"2025-05-30T18:27:48","slug":"six-in-10-canadians-are-more-worried-about-fraud-today-than-ever-before","status":"publish","type":"content","link":"https:\/\/stage.interac.ca\/en\/content\/news\/six-in-10-canadians-are-more-worried-about-fraud-today-than-ever-before\/","title":{"rendered":"Six in 10 Canadians are more worried about fraud today than ever before"},"content":{"rendered":"

The Interac Fraud Prevention Index shows Canadians need to improve their fraud literacy <\/em><\/p>\n

Toronto, March 2, 2020 \u2013<\/strong> The fraud landscape is transforming and Canadians across the country are facing scam attempts at every turn. While many Canadians recognize the various ways fraudsters can strike, 62 per cent say they are concerned about it more than ever before, according to a new study from Interac Corp.<\/p>\n

The Interac Fraud Prevention Index<\/em> provides a nuanced picture of the kinds of fraud that are keeping Canadians up at night, highlighting the evolving sophistication of techniques used against consumers across multiple channels of communication. From romance scams, identity theft, telephone fraud, text messages and via public wireless networks, fraud has become more pervasive and Canadians can be inundated by numerous types of scam attempts in their daily lives.<\/p>\n

\u201cOur study shows that Canadians are being targeted non-stop through a wide range of channels \u2013 phone, email, text and social media,\u201d said Rachel Jolicoeur, Director, Fraud Prevention & Partnerships at Interac Corp. \u201cNearly half of Canadians or their families (48 per cent) report falling victim to fraud, emphasizing the importance of Canadians to stop, scrutinize and speak up to avoid scams.\u201d<\/p>\n

According to the Index<\/em>, the most commonly-reported scams nationally include fraudulent emails (45 per cent) and phone scams (44 per cent). Text message fraud is most prevalent in Quebec (44 per cent) and least prevalent in Atlantic Canada (19 per cent). In major cities, Montrealers were most likely to have experienced identity theft (16 per cent) as compared with Torontonians (8 per cent) or Vancouverites (9 per cent).<\/p>\n

The Interac Fraud Prevention Index<\/em> drew on responses from over 2,200 Canadians and demonstrates that, despite high levels of confidence in their ability to spot fraud (71 per cent), many have engaged in risky behaviours:<\/p>\n