The Canada Revenue Agency (CRA) has paid out millions to fraudulent accounts over the last few years, and now the country's privacy watchdog has laun…
The Canada Revenue Agency has paid out millions to fraudulent accounts over the last few years, and now the country's privacy watchdog has launched an investigation into cyberattacks that have led to thousands of privacy breaches.
"The delays in reporting these breaches from between March 2020 to December 2023 can be attributed to the need to develop a reporting process for these types of privacy breaches, and the fact we prioritized protecting the accounts and advising affected taxpayers," said the CRA in a statement. The CRA revealed that in 2020, $181 million was fraudulently paid out on individual accounts related to UUTP. In 2021, it was $5 million, followed by $0.4 million in 2022, $2 million in 2023 and $3 million in 2024 .
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CRA scrambled to announce 11th-hour 'bare trust' reporting pause, internal emails suggestThe Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa.
Read more »
Canada’s privacy commissioner to probe CRA data breachesThe CRA reported the breaches to the privacy commissioner's office in May 2024 and it has been engaging with the tax agency to find out more information about the situation.
Read more »
Canada Revenue Agency Escape Room Aims To Raise Awareness About FraudA new escape room experience at Market Mall in Calgary is designed to teach Canadians about common scams and how to avoid them. The interactive exhibit, hosted by the Canada Revenue Agency (CRA), challenges participants to identify real messages from fraudulent ones within a time limit.
Read more »
Canada Revenue Agency fires 330 employees over CERB claims during pandemicOTTAWA — The Canada Revenue Agency says it has terminated 330 employees for inappropriately receiving the Canada Emergency Response Benefit during the pandemic, giving its final update on an internal review.
Read more »
Canada Capital Gains Tax to Yield Less Revenue, C.D. Howe SaysCanada’s decision to increase the capital gains inclusion rate is unlikely to generate as much cash as Justin Trudeau’s government expects, a research group says.
Read more »
Canada Revenue Agency fires 330 employees over CERB claims during pandemicThe Canada Revenue Agency says it has terminated 330 employees for inappropriately receiving the Canada Emergency Response Benefit during the pandemic, giving its final update on an internal review.
Read more »