Checklist: protecting your financial information

Learn how you can keep your financial information safe to avoid financial fraud and identity theft.

 ✓ Keep your personal and financial information (social insurance number, date of birth, passwords, personal identification numbers, etc…) private. Carry only the identity documents you need in your wallet and keep any you don’t need in a secure place. Never respond to an email or phone call asking for personal information or passwords.
 ✓ Clear your logins, passwords and browser history, especially when using a public computer or network. Keep your anti-virus software up to date and regularly change your passwords. Set better passwords using a combination of letters, characters and numbers.
 ✓ Use secure and trusted sites when making online purchases or entering personal information.
 ✓ Review your bank and credit card statements at least monthly to look for mistakes or unauthorized transactions. Report any issues to your financial institution right away.
 ✓ Shred personal documents that you don’t need, such as receipts, bank statements, ATM receipts, cheque stubs, credit card statements, etc.
 ✓ Check your credit report and score annually. Report lost or stolen identification, debit cards or credit cards to your financial institution and Canada’s credit ratingCredit rating A way to score a person or company’s ability to repay money that it borrows based on credit and payment history. Your credit score is based on your borrowing history and financial situation, including your savings and debts.+ read full definition agencies immediately.
 ✓ Report identity theft or any other type of personal financial fraud to police as soon as you are aware of it.
 ✓ Learn the signs of investment fraud and common scams.
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