Every year, thousands of Canadians fall victim to fraud, losing millions of dollars. According to the Government of Canada, as of January 31, 2020 there have been 3,493 Canadian reports of fraud, 2,020 victims of fraud and $4.2 million lost to fraud.
Most people don't think it could happen to them, but fraudsters use sophisticated ways to target people of all ages. The impact of fraud on individuals, families and businesses can be devastating. Fraud Prevention Month (#FPM2020) is an annual campaign with a theme to help individuals recognize, reject and report fraud.
Celero has compiled some resources for you learn more about fraud prevention to reduce the risk of fraud to your credit union, employees and members.
Let us know on Facebook, Twitter, LinkedIn or Instagram any other actions you take to prevent fraud at your credit union and speak to your Celero Account Executive for more information about making your credit union cyber resilient.
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Celero is a leading provider of digital technology and integration solutions to credit unions and financial institutions across Canada. Clients trust Celero’s proven track record delivering innovative banking technologies, digital and payment solutions, cloud computing, outsourcing, IT and advisory services.
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