THE PERSONAL FINANCE AND CYBER THREAT CHALLENGES THAT COVID-19 POSES TOWARDS CANADIANS-MARCH 19 2020

Mar 19, 2020

By Zoomer Radio

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Libby Znaimer is joined by Jamie Golombek, Managing Director, Tax & Estate Planning CIBC Financial Planning and Advice as well as Tony Anscombe, Chief Security Evangelist at ESET.

While we’ve been learning more and more about the physical signs and symptoms associated with COVID-19, we’re also quickly learning more about the impacts of the virus on our personal finances and online safety.

On the economic front, for example, the Canadian federal government is relaxing withdrawal requirements on RRIFs. It’s all part of the plan to minimize the financial hit the Canadians are taking amid the COVID-19 crisis. So what does this all mean for you?

And, cyber criminals are capitalizing on the widespread fear of the virus pandemic to attack vulnerable Canadians, Zoomers included, with an onslaught of phishing emails and other online scams. Some of those scams are coming from people pretending to be from the World Health Organization and Canada’s Public Health Agency and contain links, which, if clicked on, could easily bait the public to share private information on finances and more. Our cyber security expert provides tips to help prevent you and others from falling victim to fraud.


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