8 Ways to Protect Yourself From Identity Theft

Did you know? Digital identity theft rose by 218% during the course of the pandemic. Our partners at Boxx Insurance offers 8 tips to protect yourself and your loved ones.
Categories: Personal Insurance
Mar 22nd, 2022 | By: CapriCMW

Did you know?

  • Digital identity theft rose by 218% during the course of the pandemic1
  • 28,813 Canadians fell victim to COVID-19 fraud between March 2020 to February 2022, resulting in $8.13 million lost2.
  • In 2020 across Canada, there were 19 identity theft victims for every 100,000 residents, (compared to 12.46 in 2019 and only 2.35 in 2010)3.

Identity theft is occuring at higher rates than ever, so it is important that you take some measures to reduce your risk of being a victim. Our partners at BOXX Insurance offer the following 8 tips for protecting yourself and your loved ones:

INSTALL ANTIVIRUS SOFTWARE

Install the latest available software and enable automatic updates.

CHECK YOUR MAILBOX EVERYDAY

Don't allow mail to sit in your mailbox for too long. Arrange for friends or family members to collect it for you when you are away.

CHECK YOUR STATEMENTS

Keep a close eye on your financial statements (i.e. credit card, bank card) for any charges you don't recognize.

SHRED SENSITIVE DOCUMENTS

Cross shred documents that contain sensitive information.

PROTECT YOUR PASSWORDS

Use a password manager and create unique, complex passwords for every online account you use.

CHECK YOUR CREDIT REPORT

Use a credit monitoring manager and regularly review your credit report.

FREEZE YOUR CREDIT

Prevent new accounts from being opened in your name by freezing your credit. Do the same for your underage children.

GET CYBER INSURANCE

Personal cyber insurance, such as Cyberboxx Home Edition by BOXX Insurance, has been designed to help you recover following a cyber attack, including identity theft, and gives you the tools to reduce your chances of being a victim in the future.

1 Source: Transunion.ca
2 Source: Canadian Anti-Fraud Centre
3 Source: Statista

Buy Personal Cyber Insurance Online

CapriCMW is proud to partner with BOXX Insurance to offer Cyberboxx Home Edition to our clients in British Columbia, Yukon and Ontario. Starting at just $99/yr, Cyberboxx Home Edition is designed to insure you from the crippling consequences of a cyber attack. 

 This content is powered by the Canadian Broker Network.

CBN_logo-250.png

CapriCMW is a proud member of the Canadian Broker Network (CBN), an alliance of Canada’s leading independent insurance brokerages representing over 50 offices, 1,500 professionals and over $1 billion in premiums. Learn more at canadianbrokernetwork.com.

Recent Blog Posts

Business Insurance / Construction, Real Estate, mass timber, sustainable housing
BC Proposes Building Code Changes to Allow 18-Storey Mass Timber Buildings

The provincial government has proposed changes to the British Columbia Building and Fire Codes (BC…

Dec 27th, 2023 | By: CapriCMW
Business Insurance / Small Business, SME, commercial property
Applications Open for BC's Securing Small Business Rebate Program

As of November 22, 2023, small businesses in BC can apply for a new provincial rebate to help them…

Dec 12th, 2023 | By: CapriCMW
Employee Benefits / employment law, employee benefts, pay transparency, pay equity
New Pay Disclosure Requirements Now in Effect for BC Employers

As of November 1, 2023, employers are required to include wage or salary ranges in job postings open…

Nov 16th, 2023 | By: CapriCMW
Search the Blog
photo-10.jpg

Confidence and Freedom

At CapriCMW, we provide personalized insurance and custom risk solutions to give you the confidence and freedom to focus on what matters to you. Talk to an Advisor or get a quote today.

Get a Quote    Or call 1-800-670-1877

Can’t find what you are looking for? Ask us!