- Identity fraud fuels sharp rise in credit card cases -- Equifax Canada Market Pulse Fraud Trends and Insights Report - TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Equifax Canada’s Market Pulse Fraud Trends and Insights Report for the first half of 2025 reveals a sharp rise in credit card fraud, even as overall application fraud rates across Canada have fallen to their lowest point since Q3 2022. Nationally, application fraud rates dropped to 0.56 per cent in the second quarter of 2025, down from 0.70 per c ...

The risk of credit card fraud doesn’t end when or where you swipe your card. Any business that stores your credit card number could experience a data breach in which a hacker attains access to your information. These types of attacks have affected large and small sellers — and their customers — in many different industries. Read Next: Key Signs Your Credit Card Is Quietly Wrecking Your Finances For You: 10 Used Cars That Will Last Longer Than the Average New Vehicle However, the risk of swiping your physi ...