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Safe Banking

Fairy Tales and Cybersecurity: Watch out for the Big Bad Wolf

January 30, 2026
3
min read

Arm yourself with solid tools to stop a scam in its tracks. No magic required!

A brunette in a red hoodie looks down at a cellphone, holding it with both hands

Children are taught to root for good and fight evil, because, let’s face it, there are forces in this world that don’t wish you success or safety.

Like cyber criminals.

Cybersecurity has become increasingly important as information technology grows and develops. At Cambrian, we prioritize keeping your financial information safe and secure.

There will always be cyber criminals who try to access your personal information for their own gain. We take every precaution to keep your information safe, and we encourage you to do the same.

Here are two fun and familiar tales we’ve applied to basic cybersecurity principles:

The Three Billy Goats Gruff

Three goats must cross a bridge to reach the grass on the other side. Mid-bridge, an evil troll materializes and threatens to “gobble them up.” The smallest goat tricks the troll into waiting for a bigger, better meal: the medium goat. The medium goat also promises a bigger meal, the largest sibling! The biggest goat fights the troll head-on, defeating him and reaching the other side safely.

Just like the troll, there are cyber threats lurking under the “bridge” of your life: fake emails, cloned websites, spoofed phone numbers, misleading text messages, and more. These threats could be waiting in the shadows for the moment you let your guard down.

Modern banking systems, like Cambrian’s, use multiple layers of protection to make fraud more difficult. It’s important to be aware of the ones you can set up to be as secure as you possibly can.

Have all your “goats” (cybersecurity features) poised and ready to take on the “troll” (cyber threats).

The two littlest goats are your basic lines of defence against the “troll.” Things like:

  • Setting strong/unique passwords
  • Having automatic screen timeouts and logouts
  • Exercising caution with suspicious links
  • Maintaining regular software updates
  • Avoiding logging in to accounts on public Wi-Fi

The largest goat symbolizes your strongest, most secure methods of defence:

  • Regularly changing your password (Fun fact: Change your password day is every year on February 1!)
  • Using biometric (face, fingerprint) logins
  • Using multi-factor authentication
  • Continuously monitoring and setting up transaction alerts
  • Enabling card controls through your online banking mobile app
  • Calling your credit union if something feels off

When you educate and arm yourself with the features available to you, you can be confident that your banking information stays secure. With the right “goats,” you’ll reach the green grass on the other side and outsmart the “troll.”

Red Riding Hood and the Big Bad Wolf

We all know this story: the Big Bad Wolf tricks Red Riding Hood, pretending to be her grandmother so she will get close and he can eat her.

Similarly, cybercriminals can succeed by mimicking familiar organizations and people. Their goal is simple: make you trust them long enough to act without thinking, like Red Riding Hood at the bedside of her “grandmother.”

To appear credible, cyber-attackers use:

  • Lookalike email addresses (often something as small as one letter off the real address)
  • Cloned login pages copied from real sites
  • Fake search engine ads that lead to fraudulent pages
  • Spoofed caller IDs and realistic text messages
  • AI-generated voices
  • Urgent instructions like “Your account is locked!”

Scams sometimes work because they target human nature, not technical weakness.

That’s why it’s important to know the signs when something sinister is in disguise. Common red flags include:

  • Contact when it’s unexpected
  • A sense of urgency or pressure to act NOW
  • Something looks almost right
  • Requests for personal information are front and centre
  • It seems too good to be true
  • A payment request that’s unusual, like requesting gift cards or money transfers
  • Behaviour that seems off and inconsistent

Know the signs and you’ll be well-equipped to keep your information safe.

Be a new and improved Red Riding Hood

In one version of Red Riding Hood, the wolf succeeds and eats her. In a different version, a hunter shows up, kills the wolf, and rescues Red Riding Hood.

Don’t let either of those stories come true! Be a Red Riding Hood who knows the risks, knows the signs, and doesn’t listen to the Big Bad Wolf in the first place. That way, you can stay safe, secure, and happy when you visit your grandmother in a cottage in the woods.

Our Cybersecurity Centre

Visit our Cybersecurity Centre for resources to learn more about how to protect yourself in this digital age.

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