March 20 is Change your PIN # Day

According to Interac Canada, in 2011 $70 million was lost to Debit Card Fraud and over 154,000 Interac cardholders were reimbursed.

Criminals can tamper with a PIN pad and then hold onto the information they steal for as long as a year and a half. The best way to prevent your PIN number from being compromised is to change it regularly.

March 20th 2012 in Change Your Pin Day in Toronto. Are you going to change your PIN and protect yourself from debit card fraud?

Crime Prevention Association of Toronto:  http://cpatoronto.org/home/ 

Hundreds of thousands of dollars are stolen every day as a result of debit card fraud. Change your PIN and reduce the odds of becoming a victim of debit card fraud.

According to the RCMP, Debit card fraud happens when someone "skims" or swipes the information from the magnetic strip on the back of your card to create a duplicate of your card. To steal money from your account, they also have to capture your PIN. You can reduce your chances of being a fraud victim by changing your PIN on a regular basis. 

It’s easy and can be done at most chartered banks in Toronto and your bank's local ATM.