Barrie | Member News

A warning about EFT security from the CBC

Here is tan article that suggests we should tighten up our security when we send questions or passwords for electronic funds transfers over email (because of the possibility of email hacking).

https://www.cbc.ca/news/business/rbc-customer-out-of-pocket-after-e-transfer-fraud-1.5128114

I am going to suggest that those who provide me with an EFT provide the answer to the security question via text (a separate system) and that the question does not have a well-known answer.

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Patricia Dent
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