So I find a message today when I got home today, from Scotiabank, stating 'this is not a sales call it is important you contact us'.
Okay, so I call them. As it turns out, they are required to inform me that they have misplaced three CD's that were enroute to Revenue Canada with my and many others private information such as SIN, name, address, account information etc
But they wanted to assure me that there is no threat to me and that I should monitor my Scotiabank account and any other accounts I may have for any fraudulent transactions. I will be informed if and when the CD's are found.
So the first thing I ask is, if there is no threat to me then why tell me?
What if they were stolen by a Scotiabank employee and were sold? The reply was, that is unlikely but it is a possibility.
How would Scotiabank be liable if all of a sudden I was the proud owner of a new boat? Or I were to get a call from some financial institution that I haven't made my minimum payment on a $36000 balance on my line of credit (that obviously isn't mine).
Should I even be concerned about this??
Am I just being overly paranoid here or us this a genuine threat of identity theft? Anyone else get this call from Scotiabank today?