Security breach causes credit card cancellations

A security breach in North America has resulted in the mass cancellation of credit cards worldwide, including Belize. The cards, both Visa and Mastercards, issued by Scotiabank in Belize, total between one hundred fifty and two hundred. The bank’s international headquarters began contacting cardholders by phone over the weekend, telling customers that their existing cards have been cancelled, but new ones would be issued as early as next week. Scotiabank chief executive in Belize, Pat Andrews, told News Five that while the bank has yet to determine how much, if any, personal data may have been compromised, cardholders are protected by the Visa and Mastercard liability policy, which means they will not have to pay for any charges fraudulently made with their card numbers. Viewers should note that not all Scotiabank cards are affected and those holders whose cards have been cancelled are being notified internationally. So there is no need to call the bank. If, when making a purchase you find that your card is not valid, then you should contact your local branch of Scotiabank.