Security

WSFS is serious about safeguarding your personal and financial information.

Security

At WSFS Bank we’re prioritizing your security, whether you are using one of our digital channels, banking by phone or in person at one of our banking offices. We use a variety of security solutions and tools to keep you secure. Various monitoring systems watch activity across the internet to detect out-of-pattern activity to identify and prevent fraudulent transactions and quickly notify WSFS personnel when detected. This gives us the ability to act against any attacking domain. Though we provide secure online banking sessions, we recommend you follow best practices for online banking and steps to help protect your computer and mobile devices.

Below you will find additional security information that we recommend all of our Customers review:

More ways to help safeguard your accounts.

CISO Perspective: Tips to Protect Yourself from Check Fraud

Fraud has continued to rise in recent years, with the Federal Trade Commission reporting that consumers lost nearly $8.8 billion to fraudulent schemes in 2022, a 30% increase from the year prior. Figures reported by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) indicate check fraud has risen significantly recently, with a whopping 239% increase in incidents between 2020 and 2022.

CISO Perspective: Tips to Avoid Tax Scams

Tax season is underway, and after a year with soaring inflation and rising interest rates, many consumers are looking forward to a tax refund to help cover their expenses. Unfortunately, fraudsters have been known to target tax season for various scams looking to make a quick buck from unsuspecting victims.

CISO Perspective: How to Safely Use Peer-to-Peer Payments

Peer-to-Peer (P2P) payment platforms such as Zelle®, Venmo, PayPal and CashApp have continued to rise in popularity in recent years, and for good reason. These platforms can make it quick and simple to transfer money to friends and loved ones without the need to visit your bank, an ATM or cut a check. While P2P payments can help streamline your finances, it is important to use them properly to avoid falling victim to fraud.

CISO Perspective: Tips to Secure Your Information in the New Year

While many consumers stay up late to ring in the New Year, they could find themselves losing even more sleep if they’re the victim of fraud. The Federal Trade Commission’s report on fraud estimated that American consumers lost more than $5.8 billion to phishing schemes and other fraud tactics in 2021, which represents an increase of more than 70% from the prior year.

CISO Perspective: Tips for Avoiding Phone Scams

Phone scams are nothing new. However, fraudsters and hackers are always looking for new ways to trick you into giving them your money or personal information.

How to Protect Your Business Against Check Fraud

Whether it’s digital fraud, phishing and spoofing, or check and payments fraud, the reality is that many businesses (71%, according to a 2022 AFP Payments Fraud and Control Survey) unfortunately experience fraudulent schemes or attempts that can cost them time and money.

CISO Perspective: Using Social Media Safely

Social media is a great way to connect with friends and family, share news, pictures, where you are visiting, you name it. We are quick to tap that button and share what's going on!

CISO Perspective: How to Perform a Password Health Check

How safe are my passwords? How do I know if my passwords have been leaked? These are questions I get asked a lot. More and more hackers are using leaked passwords to log into websites and apps that you use. They may make purchases, or they may use the information they gather to sell on the dark web or to scammers.

WSFS Bank Text Notification Service

To keep Customers up to date with important information, WSFS Bank will occasionally communicate via our secure text notification service. With this service, Customers will receive a text notification with a link to a communication feed. This feed will provide account information, special announcements, and other relevant content.

CISO Perspective: Tips to Secure Your Devices

Have you ever lost your smartphone or tablet, or maybe even your laptop? Have any of them ever been stolen? It’s certainly not a good feeling. The number of mobile devices lost or stolen each year is in the millions. Sure, it's easy enough to get a replacement. Sure, they can be expensive to replace, but have you ever thought about the true value that device is worth?

CISO Perspective: Is Anything Safe from Getting Hacked?

Working in the information security field, I am often asked a rhetorical question like, “is anything safe from getting hacked?” My answer is yes. But it is important to examine this a little closer to ensure you’re taking the proper precautions to protect yourself and your information.

How To Keep Your Company and Yourself Safe from Fraud

Whether it’s a compromised email, ransomware, mail theft, or other criminal attempt, fraudulent schemes continue to trend upward and can cost businesses and consumers alike. Preventing fraud requires vigilance from every employee to protect your company’s finances and information. Here are some tips to help protect your business and yourself.