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Fraud is a growing concern, with scams targeting retirees or people aged 60 and older becoming increasingly sophisticated and widespread. Understanding common scams and how to prevent fraud are crucial to protect yourself and your loved ones. The Financial Impact In 2024, scammers and cybercriminals stole an alarming $16.6 billion from consumers, a 33% increase […]
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While peer-to-peer payments come in handy, they can open up users to risk. Here's six steps to protect yourself when using digital payments.
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You just checked your bank accounts, like you normally do everyday, but today there is a big problem — your checking account is negative! You were sure that you had enough money to cover your transactions, but what about those three transactions for $400 at Walmart in Texas? You’ve never been to Texas and your […]
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Scammers are persistent opportunists who are looking for ways to exploit your personal information. Falling victim to fraud can have devastating consequences, both financially and emotionally. Scammers can drain your bank accounts, steal your identity, and create long-lasting impacts that could take months, if not years, to resolve. The Growing Threat of Fraud Fraud is […]
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At Webster, our clients security is a top priority. Here are seven steps you can take to protect yourself online. Learn More.
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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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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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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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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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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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