On November 9, 2007, the Federal Trade Commission (FTC), the Federal bank regulatory agencies, and the National Credit Union Administration jointly issued regulations (72 FR 63718) requiring financial institutions and creditors to develop and implement a written identity theft prevention program. Activities that may indicate identity theft are known as “Red Flags.” The “Red Flag” regulations require implementation of an identity theft prevention program to detect, prevent and respond to patterns, practices or specific activities that may indicate identity theft. They were included in the Fair and Accurate Credit Transactions Act (FACT Act).
Download/View Identity Theft Policy
Dave Lewis
david.r.lewis@wilmu.edu
302.356.6824
Please be aware that there is audio playback that accompanies this tutorial. You may need to increase the volume on your speakers.
Please fill out the form at the end of the tutorial to indicate that you have viewed the tutorial.
Delaware New Jersey Maryland Online (877) 967-5464
