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Popular money transfer apps like Zelle, Venmo, CashApp, and PayPal have been making headlines—and not just for their ease of use. While these apps come in handy for splitting the bill at a restaurant or paying back a friend, they can open up app users to the risk of their accounts—and money—being compromised. Take steps […]
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Learn some of the common red flags for payment fraud, and best practices to help your business respond to a cyber event.
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2024 Scam Alerts: Protect Yourself Against Fraud According to the Federal Trade Commission, consumers reported losing more than $10 Billion to various scams and fraud attempts in 2023 – an increase of more than 14 percent from the previous year. Also of note: More than 2.6 million fraud events were reported to the FTC in […]
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You’ve placed your liquids, gels, and aerosols into a single, quart-size, zip-top, clear plastic bag. You’ve packed your swimsuit and are ready for that long-awaited vacation. Good news, we have you and your debit card and accounts covered, too, so there’s no need to notify us before you go on a trip! Our enhanced security […]
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Webster Bank is committed to equipping you with information and support to safeguard your business and finances from fraud and scams. How to help us protect you To help ensure that you are promptly notified of any potential issues, as well as proactively mitigate any unintended “false alarms,” we recommend: Making sure Webster Bank has […]
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How to protect yourself against tax-related fraud Imagine filing your tax return only to find that a stranger beat you to it. Sound crazy? It’s actually an increasingly common identity theft tactic. This “seasonal” scam has picked up steam in recent years; unfortunately, peak season is right now. In fact, according to the IRS, in […]
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What would you do if a stalker followed you home from work every day for six months? You’d take action, and you wouldn’t wait six months. But inside your phone or computer, it could be happening right now. Let’s say your admin gets an email that appears to be from your address: Hey Sammy, I’ve […]
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Have you ever received an email with a similar message like these? “We suspect an unauthorized transaction on your account. To ensure your account is not compromised, please log in to your online banking profile below to review your account activity.” While your first instinct might be to panic and quickly follow the instructions to […]
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October is National Cybersecurity Awareness Month, a month dedicated to raising awareness about the importance of cybersecurity, and a time for all of us to refresh our knowledge of cybersecurity best practices to protect our personal information. At Webster, being Cyber Smart is a part of each day, as we continue to grow and expand […]
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As the COVID-19 pandemic continues, fraudsters are taking advantage of consumers and their fears, attempting to obtain personal information or money. To minimize fraud and deter scammers, watch out for the following phishing scams and impersonators: Economic impact payments – With news that Americans are receiving their Economic Impact Payments this month, scammers are taking advantage […]
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