Financial Consumer Agency of Canada educates Canadian in various financial fields. Fraud is one very important of them. There are a many online places where a consumer is often asked to provide personal details.
Some of those web sites are called aggregator, meaning the sites who offers a free centralized financiaql account access.
Consumers are currently protected from fraudulent credit card and banking transactions should their accounts be compromised. However, by disclosing their user IDs and passwords to a financial aggregator, in some cases consumers may be going against their financial institutions' user agreements and risk being held responsible for any losses that are a result of unauthorized transactions.
FCAC information of interest:Tip Sheets
Protect Yourself from Credit Card Fraud
Protect Yourself from E-Mail and Telephone Fraud: Phishing and Vishing
Protect Yourself from Identity Fraud
Protect Yourself from Debit Card Fraud
Publications