News

Banks Pull Credit Cards After Security Breach

The Toronto Star reports that three major banks – CIBC, Bank of Nova Scotia, and Bank of Montreal, are replacing thousands of credit cards in the wake of the Winners and Homesense security breach. A source says that some fraudulent purchases have been made using cards hit by the breach.

3 Comments

  1. Vincent Clement says:

    I received my replacement BoM MasterCard last week. It was good timing as the signature had worn out on my old card

  2. Doug Robinson says:

    Pres. M&D Systems
    Canada is getting like some Eastern Bloc countries. My card was used in Toronto a couple of weeks ago. It was traced to a scammed ATM in Niagara on the Lake where I keep my boat. HSBC had several incidents traced to a BOM machine.

  3. Credit Cards
    Why did CIBC, Bank of Nova Scotia, and Bank of Montreal replace credit cards affected by Winners & HomeSense fraud breach, but not the other big banks? Makes no sense no pun intended