- TD Canada Trust Small Business Banking Webinar for business owners
TORONTO, Nov. 16 /CNW/ - On November 17th, business owners and operators can join TD Canada Trust for a free webinar workshop to learn more about fraud prevention, how to protect their businesses and recover losses.
The webinar workshop will include an interactive discussion between Irene Law, Business Banking, TD Canada Trust, and fraud experts Edward Nagel, Nagel & Associates and Reid Lester, Laishley Reed LLP.
"The reality is that fraudulent activity against businesses is on the rise and while we look for new ways to try to stay ahead of the curve to protect our customers from fraud, it's important to remember that there are ways they can protect their businesses," says Shane Lawrence, Associate Vice President, Business Banking at TD Canada Trust. "The webinar will look at how to safe guard yourself against being a target of fraud, how to identify fraud and how to recover or mitigate losses."
Some tips to prevent business fraud:
- Ensure there are robust internal controls/periodic reviews
- Install, use and regularly update anti-virus and anti-spyware
software on your computer or network
- Segregation of duties: no employee should be responsible for both
recording and processing a transaction
- Periodic inventory review will help ensure there is no internal or
collusion (internal working with external) fraud
- Institute a "clean desk policy" to keep sensitive and/or customer
information out of view
"Protecting yourself from fraud is also about protecting your brand - making sure your customers can have trust and confidence in your business. This is vital for any successful business owners, and I think they will walk way from the webinar feeling more assured that there are proactive measures they can put in place to protect their businesses," continues Lawrence.
The webinar will also cover:
- How to report a scam or fraud
- How to manage against "inside" jobs
- Information on who is liable financially for losses related to fraud
Anyone interested in attending the free webinar on November 17th at 12pm EST can register by visiting www.tdcanadatrust.com/fraud2
About TD Bank Financial Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in North America by branches and serves approximately 17 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading online financial services firms, with more than 5.5 million online customers. TD Bank Financial Group had CDN$545 billion in assets on July 31, 2009. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
SOURCE TD Bank Group
For further information: For further information: Erin Baldwin, TD Bank Financial Group, (416) 308-4061