Summary: |
In 2008 the Federal Trade Commission implemented new rules regarding identity theft, commonly known as the “Red Flag Rules”. These rules require that any “creditor” organization, as defined by the FTC, implement a written Identity Theft Prevention Program designed to detect the warning signs, or “red flags”, of identity theft in their day-to-day operations. Organizations have until November 1, 2009, to implement these rules. In reviewing the Town’s operations, the one area that falls under these rules is the sewer billing operation. Drummond Woodsum has drafted a red flag program for the Town, as well as the language for the resolution adopting these
rules. Please see the attached documents for more information about the Red Flag program, as well as a copy of the resolution. |
