A Message Regarding Recent Industry News

As you know, the Federal Deposit Insurance Corporation (FDIC) recently took control of Silicon Valley Bank and Signature Bank. We want to remind our Customers to remain vigilant of fraudulent activity.

Please keep the following top of mind:

Remain diligent related to all forms of fraud: professionally and personally.
Be extra cautious for suspicious emails containing links and attachments.
Be aware of unsolicited wire transfers and DocuSign requests.
Be leery of robocalls, calls from the IRS, unexplained debit and credit card transactions, and even personal tragedy story scams related to Silicon Valley and Signature Bank failures.

More ways to help safeguard your accounts.

How to Avoid Scams and Shop Safely This Holiday Season

The hustle and bustle of the holidays typically brings with it increased purchases and the hunt for the best bargains. But sometimes a deal can be too good to be true, which is why it is vital to take steps to protect yourself from scams.

How to Protect Yourself from Phishing Scams

If you have a cellphone, tablet, laptop or PC, odds are you’ve received at least a few messages through the years with suspicious links – that you hopefully did not click.

Protecting Your Small Business from Fraud

Fraud remains at all-time highs, particularly in the business world. According to the Association of Finance Professionals’ (AFP) 2023 Payments Fraud and Control Survey, 65% of businesses said they’ve been victims of fraud attacks or attempts in 2022.

Cybersecurity Awareness Month: Tips to Protect Yourself from Scams

Each October since 2004 has marked Cybersecurity Awareness Month, a collaboration between government and the private sector to educate consumers on ways to stay safe online.

Tips to Protect Yourself from Wire Transfer Scams

Wiring money can be a quick and convenient way to transfer funds, but before sending money to anyone it is important to take steps to protect yourself from fraud.

Tips to Protect Yourself from Bank Impersonation Scams

According to the Federal Trade Commission, consumers lost $330 million to text message scams in 2022, with fake bank security messages the most common type of scam.

Junk Mail or Information from My Lender?

If you have a mailbox, then odds are you’re no stranger to junk mail. And if you’ve also closed on a loan recently, whether a mortgage for your home or loan for your business, it is likely you’ve received quite a few solicitations in your mailbox that look as though they could be from your lender.

Tips to Protect Yourself from ATM and Debit Card Fraud

Thirty-six percent of all U.S. banking customers said they have experienced some kind of financial fraud in the past 12 months, according to J.D. Power, with unauthorized purchases on debit cards being among the most common occurrences.

How to Avoid Artificial Intelligence and Deep Fake Scams

Artificial intelligence (AI) can be a powerful tool, but what happens when it falls into the hands of scammers? While AI can help with things like chatbots for customer service and writing emails, it can also be leveraged by nefarious actors through deep fake scams that can mimic human voices, create fake videos, photos and more to take advantage of unsuspecting victims.

Tips to Protect Yourself from Social Engineering Like Romance Scams

Love is in the air as wedding season heats up alongside the weather. But if you’re the unlucky victim of social engineering, which is when scammers manipulate their victims psychologically to get them to provide sensitive information, you may be left with more than just a broken heart.

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.

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.