On July 6, the Canadian Anti-Fraud Centre shared a notification about a possible Business Email Compromise scam with the United States Secret Service Ottawa Field Office that resulted in saving a U.S.-based company from losing almost US$750,000 and a number of jobs.
Retailers say they are seeing a sharp increase in a type of return fraud in which consumers claim they never received their online orders even though they did. The practice, known as “item not received” fraud, took off during the pandemic, when warehouses were backed up and carriers were overwhelmed by a surge in e-commerce orders.
In 2020, BBB received 771 reports of scams impersonating Amazon. The bogus raffle and suspicious link are part of a con used to trick people into visiting a phishing website, where they unwittingly share account credentials as well as personal and financial information with fraudsters.
The REvil group claims its malware, which initially targeted US IT firm Kaseya, has hit one million “systems”.
Some computer repair shops in Nova Scotia have been seeing a rise in online scams since the COVID-19 pandemic began and the RCMP is warning the public to be on alert.
The Better Business Bureau is issuing a warning on Sneakfoot, a website that advertises as an “independent reseller” of name brand products ranging from shoes to apparel.
The JBS Canada beef processing facility in Alberta has resumed production after a cyberattack that impacted the company’s operations in North America and Australia.
Online shoppers say a loophole in the PayPal system has allowed vendors to exploit unsuspecting buyers with a bait-and-switch scheme involving the delivery of low-quality or counterfeit merchandise.
The Better Business Bureau is warning citizens to watch out for scam psychics who use social media to find victims. BBB Scam Tracker has received reports from people who paid for readings and other services but never received what they were promised.
E-commerce fraud prevention startup Forter has raised $300 million in a funding round led by hedge fund Tiger Global Management, more than doubling its valuation to $3 billion in about six months.
There has been a rise in Merritt with online scams, from fake relationships that result in money requests, to selling items that don’t exist. Scammers are doing everything they can to try to take your money and we want to remind you to remain vigilant and be skeptical.
A new report estimates nearly two-thirds of businesses globally, including 63 per cent in Canada, have seen an increase in targeted cyberattacks since they switched to widespread remote work.
Halifax Regional Police is sharing some tips to help you shop safely online.
Statistics from the ASC – the regulatory agency responsible for administering the province’s securities laws – show incidents of fraud are decreasing among older Albertans, but on the rise for people under 35.
Toronto police are warning the public about an ongoing work from home scam that is stealing large sums of money from victims.
Police say the accused took a deposit for the sale of an e-scooter that the victim never received.
A retired home-care worker defrauded out of her life savings after she had $90,000 wired to China through a Coquitlam money exchange company has reclaimed her nest egg in a decision handed down by B.C.’s top court.
The rate of digital fraud attempts against businesses up 26 per cent from Canada when comparing pre-pandemic to pandemic levels.
A retired home-care worker defrauded out of her life savings after she had $90,000 wired to China through a Coquitlam, B.C., money exchange company has reclaimed her nest egg in a decision handed down by B.C.’s top court.
In the summer of 2017, MacEwan University in Edmonton was duped into sending more than $11-million to someone posing as a construction contractor.
In Feb. 2021, the Canada Revenue Agency suspended the accounts of more than 100,000 people after it discovered some of their login information for sale on the dark web.