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e-2748 (Consumer protection)

E-petition
Initiated by Michael Argast from Burnaby, British Columbia

Original language of petition: English

Petition to the Government of Canada

Whereas:
  • Cyber crime and financial fraud are having a significant and increasing impact to Canadian citizens and businesses;
  • Online account compromise is a significant avenue of crime and fraud;
  • Multi-factor authentication is a security mechanism shown to dramatically reduce the risk of successful account compromise;
  • A wide variety of financial institutions outside of Canada, online business services and even online consumer services offer multi-factor authentication free of charge that is significantly stronger than that commonly offered by Canadian financial institutions; and
  • It is in the best interest of Canada, Canadian citizens and businesses to benefit from strong protections against cyber crime and financial fraud.
We, the undersigned, citizens of Canada, call upon the Government of Canada to use their legislative and regulatory powers to require all financial institutions with more than 50,000 customers to offer, free of charge and easily accessible, multi-factor authentication as an enhanced security option on their online accounts.
Open for signature
August 27, 2020, at 11:18 a.m. (EDT)
Closed for signature
December 25, 2020, at 11:18 a.m. (EDT)
Photo - Patrick Weiler
West Vancouver—Sunshine Coast—Sea to Sky Country
Liberal Caucus
British Columbia
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