The Canada Emergency Response Benefit (CERB) has turned for the worse due to numerous cases of fraudulent applications. Identity theft has become prevalent. Scammers steal direct deposit information to access online Canada Revenue Agency (CRA) accounts.
These hackers will then open a bank account under the victim’s name and direct CERB payments to the newly-opened bank account. The CRA and police authorities are now advising Canadians to check direct deposit credentials on their online CRA accounts. Be sure you do because you might be one of the victims.
Cybercriminals are brazen in the health crisis. The prime target of their illegal activities is the CERB program. The modus operandi or way of operating is to check online caches of stolen passwords and email addresses.
The Canadian Centre for Cyber Security has identified more than 1,000 imitations of federal government websites. Most of them mimic the CRA’s website. An SMS campaign claiming to be from the government directs people to go to a “Canada-alert-COVID19” website. Out of the need to get CERB, unsuspecting Canadians download the malware.
Shield against hackers
The CRA is not sending out any invitations to taxpayers. Don’t fall prey to emails, text messages or phone calls telling that you’re eligible for CERB. Also, the tax agency will not demand payments or threaten you with jail time.
Change your online CRA account password to a stronger one. Make sure not to use the same password for two different services if they link to the same email address. If you suspect you’ve been a fraud victim, call the CRA or the Ottawa Police Service. Contact the bank too to inform them you did not open the account.
Last, do not divulge your financial details. Without them, scammers can’t perpetrate their evil deeds.
Cybersecurity is also a grave concern in the public and private sectors. Government agencies and companies need a defence against cyberattacks.
BlackBerry (TSX:BB)(NYSE:BB) is one of the leading developers of intelligent security software and a provider of cybersecurity solutions. This $3.67 billion tech company offers a suite of security software products and services.
Users can tailor-fit BlackBerry’s cybersecurity and endpoint management options to their needs. It will enable customers to protect data, minimize risk, reduce cost, and elude complexity. A report by independent Frost & Sullivan found that BlackBerry solutions can address 96% of the enterprise threat landscape.
The company is also responsible for changing the electronic architecture of vehicles. About 175 million cars have BlackBerry’s QNX technology in them. Leading car brands are now building their next-generation vehicles around safe and secure software.
Expect BlackBerry to rule the automotive industry in the area of security. Investors looking for exposure to the tech space should find BlackBerry the stock with the greatest growth potentials.
If cybercriminals can victimize governments and businesses, individuals are easy pickings. Don’t be a fair game for hackers. If you didn’t sign up for CERB, someone might have filed in your place. Check the CRA website to make sure your name doesn’t show up.
Speaking of CERB scams...
One little-known Canadian IPO has doubled in value in a matter of months, and renowned Canadian stock picker Iain Butler sees a potential millionaire-maker in waiting...
Because he thinks this fast-growing company looks a lot like Shopify, a stock Iain officially recommended 3 years ago - before it skyrocketed by 1,211%!
Iain and his team just published a detailed report on this tiny TSX stock. Find out how you can access the NEXT Shopify today!
Fool contributor Christopher Liew has no position in any of the stocks mentioned. The Motley Fool recommends BlackBerry and BlackBerry.