Is it just me or has there been a lot more fraud in the past 12 months or so?

This time, nearly 100,000 clients have been affected.

• CIBC, more specifically their subsidiary, Simplii Financial, had more than 40,000 banking customers personal information stolen.
• Bank of Montreal (BMO) also reported that up to 50,000 clients had their personal data stolen.

Even though Banks own insurance to protect your money, so they can refund what you lost, it is still very troubling when hackers are involved.

As the world becomes more digitally based, there is essentially going to be a continuous cyber war. Where online security needs to keep going up, while hackers continue to find ways around the system.

In terms of my suggestions. Along with the usual suggestions, i.e. stronger passwords, change them every now and then, etc. I highly recommend that you constantly check your accounts to ensure that all is in order. Once you see something suspicious, report it as soon as possible so that someone can action it. You never want to wait to report something suspicious.