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.
Post Tagged with: "security breach"
PIPEDA Hearings – Days 9 (banking industry) and 10 (Chamber of Commerce, Insurance)
The PIPEDA hearings resumed this week appearances by groups from the banking sector, the Canadian Chamber of Commerce, and the insurance industry. CIPPIC has details on day nine and ten. The committee is now focused almost exclusively on a single issue – security breach notification legislation. There appears to be […]
Canadian Security Breaches
Lots of coverage today on two major Canadian security breaches – 470,000 Canadians hit by a CIBC security breach, while two million credit cards may have been captured in a hacking job against Winners, a clother retailer.
Canadian Consultation Launched on Identity Theft
The Consumers Measures Committee, a committee comprised of federal, provincial, and territorial consumer protection representatives, has launched a public consultation on identity theft. The background paper identifies several potential legislative solutions including a requirement for organizations to notify consumers affected by a security breach; the placement of a fraud alert […]
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