WATERBURY, Conn, July 21, 2010 – Businesses, government agencies and nonprofits everywhere are vulnerable to losses in a fraud attack by criminals, malicious software that bypasses a computer system’s firewall and antivirus software, or inadequate internal controls.
Webster Bank, N.A., a subsidiary of Webster Financial Corporation (NYSE: WBS), is conducting free one-hour webinars on fraud awareness and prevention to let its business, government agencies and nonprofit customers learn more about enhanced security features available through Webster Web-Link®.
The plan is to offer free webinars for the bank's business, government and nonprofit customers. The webinars will include segments addressing avoiding malware, basic security procedures and customer responsibilities to detect and deter fraud. The webinars will be hosted by Cynthia Enos-Ortiz, CTP (Certified Treasury Professional) and Webster’s vice president, Cash Management Services and Matthew Willard, Webster’s senior vice president Financial Intelligence and Corporate Security.
Dual control security is one of the security features that will be discussed as it prevents one employee from having complete control over an organization’s funds. Fraud prevention services help reduce risk by giving customers the ability to view potentially harmful activity on their accounts.
“With the increase of online banking fraud attacks on businesses, nonprofits and government agencies throughout the country, Webster wants to help educate customers about the potential threats and provide them with tools to reduce the risks,” said Linda Welles, Webster’s SVP, Cash Management Services.
To learn more, visit www.websterbank.com/cashmanagementevents, email cashmgt@websterbank.com, or call Webster’s Cash Management Service Team at 1-888-932-2256.
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.7 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 500 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Webster Capital Finance, Inc., an equipment finance company headquartered in Farmington, Conn., and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.