![]() The Federal Trade Commission (FTC) enforces the Red Flags Rule with several other agencies. The bottom line is that a program can help businesses spot suspicious patterns and prevent the costly consequences of identity theft. The Red Flags Rule 1 requires many businesses and organizations to implement a written identity theft prevention program designed to detect the “red flags” of identity theft in their day-to-day operations, take steps to prevent the crime, and mitigate its damage. The cost to business - left with unpaid bills racked up by scam artists - can be staggering, too. Identity thieves may drain accounts, damage credit, and even put medical treatment at risk. About the FTC Show/hide About the FTC menu itemsĪn estimated nine million Americans have their identities stolen each year.News and Events Show/hide News and Events menu items.Advice and Guidance Show/hide Advice and Guidance menu items. ![]() ![]() Competition and Consumer Protection Guidance Documents.Enforcement Show/hide Enforcement menu items.
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