Introduction

Is your institution doing enough to prevent identity theft? Learn your obligations under the FACT Act.

An estimated nine million Americans have their identities stolen each year. Identity thieves drain accounts, damage credit, and put medical treatment at risk. The Fair and Accurate Credit Transactions (FACT) Act requires financial institutions to develop, document, and implement an identity theft prevention program.

The Federal Trade Commission’s Red Flags Rule provides guidelines you can use to create and administer your program. You are obligated to ensure your institution complies and actively combats identity thieves.

• What are your obligations under the FACT Act?
• What four elements must you include in your identity theft prevention program?
• What are the red flags of identity theft that may occur in routine operations?
• How can you detect red flags?
• What actions should you take when you suspect identity theft?
• How will you update your program to reflect new threats?

Areas Covered In The Webinar

• What are your obligations under the FACT Act?
• What four elements must you include in your identity theft prevention program?
• What are the red flags of identity theft that may occur in routine operations?
• How can you detect red flags?
• What actions should you take when you suspect identity theft?
• How will you update your program to reflect new threats?

Why should you attend?

• Branch managers
• Security officers
• Human resources professionals
• In-house counsel