14 February 2007

There's good news and bad news

First, the good news...

Winners and HomeSense customers can breathe a bit easier after a security breach was revealed last month. Company officials say Canadian banks apparently weren't affected by the problem.
The bad news... well, apparently they lied...
Thousands of CIBC and Bank of Montreal customers have been issued new credit cards from their banks along with warnings their old cards may have been used fraudulently, CBC News has learned.
Well, at least they're coming clean about the mistake...
The banks wouldn't say how many customers have been affected, what the security breach was or whether any credit cards have actually been misused. They also wouldn't disclose why they have reissued cards when other banks have not.

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Anonymous said...

Good news: Canadian banks are holding their own against foreign competition..

Bad news: they are ripping off Canadians with bank charges which are pure profits with little to now related expenses involved.
(real conservative)