140 BMO customers plan to sue bank after alleged transfer frauds

A group of more than 140 Bank of Montreal customers from across the country plan to file a class-action lawsuit against the bank, after they say they collectively lost more than $1.5 million in fraudulent e-transfers. CBC’s Angelina King looked into how fraudsters accessed the accounts - and how you can protect yourself.
Read more: www.cbc.ca/1.7169622
00:00 BMO customers plan to sue bank
1:20 Customers plan to file class action lawsuit
2:04 The fraud
3:35 How does it happen?
6:15 As cyber fraud grows, who should be liable?
8:25 Tips for protection: Be careful what you share online
9:10 Tips for protection: Slow down while online
9:32 Tips for protection: Long passwords = strong passwords
»»» Subscribe to CBC News to watch more videos: bit.ly/1RreYWS
Connect with CBC News Online:
For breaking news, video, audio and in-depth coverage: bit.ly/1Z0m6iX
Follow CBC News on TikTok: bit.ly/3TnHioe
Follow CBC News on Twitter: bit.ly/1sA5P9H
Find CBC News on Facebook: bit.ly/1WjG36m
Follow CBC News on Instagram: bit.ly/1Z0iE7O
Subscribe to CBC News on Snapchat: bit.ly/3leaWsr
Download the CBC News app for iOS: apple.co/25mpsUz
Download the CBC News app for Android: bit.ly/1XxuozZ
»»»»»»»»»»»»»»»»»»
For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.