Red Flags Rule and Identity Theft Prevention

Learn how to reduce compliance risk and prevent losses due to identity theft. Identifying and acting on instances of identity theft is no longer "just another CIP policy" - it's the law. With modifications to the Fair and Accurate Credit Transactions Act effective November 1, 2008, the Identity Theft Red Flags Rule requires financial institutions and other credit-granting entities to implement a written Identity Theft Prevention Program to help detect, prevent and mitigate identity theft in connection with the opening of certain covered accounts or certain existing accounts.

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Science & Technology

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• red flags rule
• identity theft
• itc
• deb geister
• identity fraud prevention
• id theft
• red flag rules video