Why is 2-step verification (2SV) required for mobile banking?

Cyber criminals work in complex ways to gain information that may be used to access your accounts.

2SV adds another level of security to your account, so even if someone gets your username and password through a data breach or phishing scam, it will be difficult for them to log in and access your account.

2SV doesn’t take long to set up and will only confirm your identity if you access your Scotiabank account from a device we don't recognize.

It’s one of the best tools we’ve got to guard against fraud and helps to make sure the only person getting at your money is you.

Last updated April 13, 2022