Business
86% of Canadians Believe They are Increasingly at Risk of Identity Fraud According to Recent Survey by Mogo
86% of Canadians Believe They are Increasingly at Risk of Identity Fraud According to Rece...
About this update from Orion Digital Corp.
[{"type":"text","content":"\n\n\n\n86% of Canadians Believe They are Increasingly at Risk of Identity Fraud According to Recent Survey by Mogo\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 27, 2018\n\n\n\nVANCOUVER, June 27, 2018 /CNW/ - In a world where data breaches and hacks are happening with increasing regularity, a recent survey conducted on behalf of Mogo Finance Technology Inc. (\"Mogo\") (TSX: MOGO) (NASDAQ: MOGO) revealed that 86% of Canadians believe they are increasingly at risk of identity theft and identity fraud (i.e. someone using your stolen identity such as birthdate, social insurance number, address, etc., to get a credit card or a loan in your name) – yet only 24% of respondents currently have identity fraud protection. \n\n\"As the world continues to move digital, we are seeing data breaches in the news almost weekly, putting every Canadian increasingly at risk of identity fraud,\" said David Feller, Founder and CEO of Mogo. \"We believe every Canadian needs a solution to proactively watch for signs of suspicious activity and unexpected inquiries into their credit bureau as the consequences of identity fraud – financial losses, reduced creditworthiness – can be so severe and can take years to resolve.\"\n\nThe survey conducted by Maru/Blu on behalf of Mogo, which included more than 1,500 participants, revealed the following:\n\n\n86% of Canadians believe that in today's digital world, they are increasingly at risk of identity theft and identity fraud.\nWhile Canadians know the risk, only 24% have some sort of identity fraud protection solution.\n85% of Canadians believe that if they are a victim of identity theft or fraud, it will have an impact on their financial life.\n35% of Canadians know someone who has been a victim of identity fraud.\n\nWhile a majority of Canadians understand the risk of identity fraud and the potential impact, many lack protection. Mogo is offering the following tips and solutions to help Canadians defend themselves against the rising threat of identity fraud from data breac...