When it comes to online scams, people not only need to remain vigilant to protect themselves, they have to look out for a parent and maybe even kids who are just starting to go online. So, this episode our fraud expert, Scotiabank’s Vice President of Cybersecurity Operations Louise Dandonneau, breaks down the latest cyber scams and offers tips on how you can keep your family safe. 

Key moments this episode: 

1:54 – A quick snapshot of what the cyber crime landscape looks like 

2:37 – The most common cyber crime according to statistics 

3:58 – Are individuals (in addition to large organizations) being extorted by criminals locking down their data? 

4:20 – Louise runs down an increasingly common online fraud: gift card scams 

5:35 – The big reason scammers are becoming more sophisticated: AI 

6:15 – Why phone scams are still prevalent  

7:01 – What is spear phishing? 

7:58 – In what ways are older people specifically targeted for cyber fraud? 

9:22 – What should you tell an older parent to avoid being a victim of cyber fraud? 

10:41 – How online security can take a cue from old school safety techniques  

11:11 – How are kids targeted online and how can we help prevent them from becoming victims? 

13:33 – One key tip that can help prevent cyber crime 

For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures