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Canadians feeling more vulnerable to fraudsters and identity thieves this holiday season

Heading into the holiday season, two in three Canadians (64%) say they feel vulnerable to fraudsters and identity thieves, an increase of approximately 10% from a year ago according to a recent study by Equifax Canada on consumer spending habits online and in stores.

Criminals are counting on us to let our guard down

“Fraudsters and identity thieves are most active at this time of year because most of us are spending more time shopping for holiday gifts, and during this hectic time the criminals are counting on us to let our guard down,” said John Russo, Equifax Canada’s Chief Privacy Officer. “We’re either shopping online or pulling out our credit cards or other personal identification information from our wallets in stores, which makes us a prime target for identity thieves.”

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Statistics EFX

Read more at Marketwired.

This article is summarized by Canadian Fraud News Inc.