According to Canada’s Competition Bureau, there are a wide range of scams that target both consumers and businesses, and no one is immune to fraud. Fraudsters are becoming increasingly sophisticated and are constantly updating their tactics to catch people off-guard.
March is Fraud Prevention Month in Canada, which provides a great opportunity to refresh your knowledge about different scams to look out for and ways that you can protect yourself and your loved ones. The Little Black Book of Scams provides an overview of some of the most common scams out there. It also provides practical tips you can employ to help you stay safe. Take a moment to review this information and update your knowledge.
Extra safety features offered through TCU Online Banking:
- Set up alerts on your online banking to stay on top of your account activity. Account alerts allow you to monitor specific accounts so you can track activities such as withdrawals, your account balance, insufficient funds, and failed transactions. To set up this feature on your accounts, see our virtual demo.
- Set up biometrics (face recognition or thumbprint) to log into your mobile app. Steps to set up this feature can be found on our FAQs page.
- The Lock’NBlock card feature allows you to “lock” your member card and “block” a variety of unwanted or unauthorized debit card functions or transactions. To set up this feature on your accounts, see our virtual demo.
Tips to keep accounts secure:
- Do not share passwords.
- Use unique and complex passwords for every account and device. If you would like to reset your password, see our virtual demo.
- More tips for online security can be found on the Government of Canada site.