Internet Safety and Security

Internet Security is an increasing concern for most companies today. The links below provide you with useful tips for protecting your company's confidential information. You will also find helpful hints for identifying and reporting 'phishing' scams.


Safe Computing Practices

The things that you should do to protect your information online.

Phishing Scams

This kind of identity theft scam attempts to persuade its victims to fill out a form with details of their bank accounts, credit card numbers and other personal information. Learn how not to be a victim.
 

Unlawful Internet Gambling Enforcement Act

Effective June 1st, 2010, Scotiabank will be required to comply with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) and Regulation GG, which was issued by the U.S. Department of Treasury and the Federal Reserve Board. This regulation is intended to restrict unlawful wagering via internet gambling sites by blocking restricted transactions. Restricted transactions generally include, but are not limited to, those in which credit or debit cards, electronic funds transfers, checks, or drafts are used in connection with unlawful internet gambling.

In order to comply with these new requirements, Scotiabank has implemented Visa's Internet Gambling blocking service, which will result in the decline of all online 'card-not-present' gambling credit card transactions.

Cardholders will receive an email or paper notification advising them of the new U.S. regulation with their statement over the next three payment cycles. A copy of this notification has been provided to you by email for your reference.

Review the Regulation GG brochure [PDF: 691kb] for additional information.
 

Sanctions Advisory

SUBJECT - IMPORTANT NOTICE TO ALL COMMERCIAL CARD COORDINATORS

Sanctions Lifted on Credit Card Transactions in Myanmar (Burma)

Scotiabank commercial cards issued in the United States are subject to United States and Canadian government sanctions programs. To the extent not otherwise restricted or prohibited by current United States sanctions programs, we are providing you with this notice due to changes in Canadian government sanctions programs.

Effective May 2, 2012, the sanctions in place on all Scotiabank credit card transactions in Myanmar (Burma) will be lifted.

Canadian legislation requires banks to disallow financial access to Canadian accounts, including credit card accounts, in Iran, North Korea, and Syria.

Please ensure that your cardholders are advised accordingly.

All Canadian companies and companies doing business in Canada are legally obliged to abide by these regulations, and should be keeping themselves up-to-date with Canadian sanctions developments. For more information on Canadian government sanctions, please refer to the following website: http://www.international.gc.ca/sanctions/index.aspx?lang=eng&view=d

All persons and entities within the United States, all United States incorporated entities and their foreign branches are required to comply with regulations issued by the Office of Foreign Asset Control (OFAC) and should be keeping themselves up-to-date with United States sanctions developments. For more information on United States government sanctions, please refer to the following website: http://www.treasury.gov/resource-center/sanctions/Pages/default.aspx