"As more controls are put in place to stop granting credit to fictitious parties, thieves are turning to identity theft, Sikorski says from Regina. “What we’re challenged with is, when someone knows everything about you and purports to be you - how do we know they’re not?” asks Sikorski. “That’s the challenge today – account takeover in all deposit-taking institutions and credit card issuers."

by Diane Luckow