Identity Theft Red Flags and Address Discrepancies Under The Fair and Accurate Credit Transactions Act of 2003

Published:
Briefs, Case Studies, Papers, Reports
Author(s) and Contributors:
Source(s) and Collection(s):
Sources(s): Community
ParentTopics:
Cybersecurity Policy ID Theft Red Flags

Abstract

On November 9, 2007, the Federal Trade Commission published final rules implementing part of the Fair and Accurate Credit Transactions Act of 2003 (FACTA)regarding the duties of creditors, card issuers and users of consumer reports with respect to the prevention of identity theft. These new regulations went into effect on January 1, 2008 and compliance is required by November 1, 2008. The regulations are organized in three parts which are summarized in this memo.

Download Resources