While fraudsters ramped up their efforts during the pandemic many Canadians feel it will only get worse if a recession hits.  According to the 2023 RBS Fraud Poll, 42 percent of all Canadians think it will be harder to spot scams during a recession than in the pandemic and four in five believe a recession will increase everyone's risk.  The research also found that three-quarters of respondents believe it's easier to fall victim to a scam when you're struggling financially but more than a third are simply too worried about other things to be concerned about fraud and 86 percent are simply tired of  having to be on the lookout for scams.

Vice-President of Fraud Management for RBC says 35 percent also believe fraud is something that happens to others but not to them but the reality is anyone can fall victim to a scam.  He adds staying safe and protecting yourself from fraud starts with being aware of the risk and knowing how to spot the signs of a scam. To learn more visit www.rbc.com/privacysecurity.