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Though “strongly discouraged,” there is nothing illegal about a private-sector organization asking for someone’s SIN, according to Employment and Social Development Canada. The credit data company had been tight-lipped about any effects the breach had on Canadians, offering little in terms of concrete information on the data breach discovered almost two months ago but only made public within the past two weeks.ġ:24 Yahoo data breach of 1 billion users largest in history When to not give out your SIN READ MORE: Equifax hack may have exposed 100,000 Canadians’ personal infoĪfter almost two weeks of near silence on the hack, Equifax on Tuesday said approximately 100,000 Canadian consumers may have had their personal information compromised. In the wrong hands, the confidential number can lead to identity theft and fraud leaving the SIN’s rightful owner on the hook for additional taxes, interest payments and debt, and ruin a credit rating or result in lost government benefits and tax refunds –to name just a few potential consequences. The recent disclosure of a massive data breach at Equifax, a credit monitoring firm, has highlighted a vital issue for Canadians – when, and to whom, is someone actually required to divulge their Social Insurance Number?
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