There are a lot of scammers out there, but unless they get hold of your personal information, they can’t access your money. They key is to recognize a scam before sharing personal or banking information.
First, the scammer will try and make you panic by creating a false sense of urgency. Your bank, credit card company, and the government will never use panic tactics or threats. You should never feel rushed to take immediate action.
These scam emails will appear to have been sent by your bank, credit card company, or the CRA, and will:
– ask you to send an immediate reply with your personal information, or
– download and install software (malware), or
– call a telephone number to speak with an agent
Never give out your personal or banking information via email, and don’t call the telephone number in the email. If it looks like it was sent from a reputable source, look up the telephone number for your area and call that number instead.
Text Message Scams
Just like email scams, the text will appear to have been sent from an authentic source. Never respond to these text messages, and follow up directly with the institution by telephone call.
These scams will sometimes start with a legitimate-looking email asking you to call a telephone number, or they’ll call you directly and demand personal information or money. Never give out this information, and don’t send money. Always discontinue the call, look up the telephone number for your area, and call back.