So the following story on the CBC got me worried, and I guess I’ll need to check the CSB’s I have in my kids’ names to make sure they weren’t pilfered. You would have thought that Canada Savings Bonds would be a low-risk investment (with a very low payback), but when the government’s own system can be broken into, whose system is safe? Always watch those balance sheets you get telling you what you have (and check those credit card bills too, you never know). Identity theft CSBs are not three words I expected ever to see together.
Of course, it isn’t the government’s fault, is it:
The Bank of Canada outsourced all its data and support services to EDS Canada in 2001 and transferred 500 bank employees to the private company.
Amazing, so a private firm controls the security of a government asset? I don’t know it just seems wrong to me (but maybe it’s just me).
Other places my oddly crafted words can be found this week:
- The Carnival of Personal Finance hosted by My Money Blog
- The Festival of Frugality over at The Canadian Capitalist
Remember it’s important to read many opinions out there to figure out what works for you financially.
More from Me
- Pet Costs : Wow that’s expensive stuff Now our friend over at Free Money Finance has written a bunch of interesting essays on what kind of financial drain pets can be, and I agree with them whole heartedly.
- Spring Cleaning IV Let’s keep going on this Spring is a good time to start, end or do things, thematic premise.
- Spring Cleaning III
- Spring Cleaning II
- Finance: Spring Cleaning
- Sunday: A little Humor
- About Face: SPEND? {What day is it today? April 1}
- Teaching the Horses to Sing?
- Advice: Best Financial Advice Ever Given
- Pension: Is Yours Fully Funded?
- Education: Taking Math in High School is Important
- Sunday: God Has a Dream
- Rant: Poor Customer Service
- Tax Time: Knee in my Package?
- Sunday: Lent and Saint Patrick’s Day
- March Madness!!
- Education: Price of Private Schools
- Taxes: Online Submission Wonderful!
- Security: Identity Theft
- Sunday: Reading and Lent
- Kids and University: Better use an RESP
- Advice: Listen to a Comedian sometimes
- Buyer Beware: Read the fine print (rolling up the rim)
- RRSP or Mortgage Then?
- Case 3: Refund to the Mortgage
- Case 2: Refund to RRSP as well
- Case 1: Put it in the Bank
- RRSP or Mortgage?
- RRSP Loans, are they the right thing?
- Encouragement: Be Persistent
- RRSP time, but what about RESPs, and Debt Reduction?
- Sunday Thought: Rest Financially and Spiritually
- Join the Debt Diet?
- Work: Despair Inc Strikes again!
- Life is a Carnival Finally
And don’t forget about the Carnival of Business! 🙂