Red Flag Identity Theft

Click here for a sample Ordinance

The Red Flag rule requires any entity where there is a risk of identity theft, to develop and implement an Identity Theft Prevention Program. The Program must include reasonable policies and procedures for detecting, preventing, and mitigating identity theft. The rule was issued by the Federal Reserve System, the Federal Deposit Insurance Corporation, the Federal Trade Commission, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision. The compliance date is November 1, 2008 and covers all U.S. utilities.

Locis Version 7 fully implements Identity Theft reporting/detecting requirements.


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Last modified
November 24, 2010