Description: If online security were a university course, many Canadian post-secondary students would have a failing grade, at least according to survey results from RBC’s Students and Fraud Poll. Eighty percent of the students admit to vulnerabilities, including 28% who had shared their passwords on debit and credit cards. With fraudsters becoming more resourceful, it’s time for students to step up by improving their own security measures.
Date: October 23, 2023
1) Have you or your classmates ever been scammed in regard to your own banking information?
2) What tips do you have for protecting your cards, bank apps, and other important elements of your own financial life?
3) Illustrations 7.3 and 7.4 of Wiley’s Financial Accounting: Tools for Business Decision-Making show us control activities over cash receipts and cash disbursements? Which of these do you think can be adopted by students in looking after their own cash?