New FTC “Red Flag Rule” Guidance to Help Fight Identity Theft

The Federal Trade Commission recently issued revised its “Red Flag Rules” guidance. The Red Flag Rules protect consumers by requiring businesses to watch for and respond to warning signs or red flags of identity theft. The guidance outlines which businesses are covered by the Rule. A copy of the guidance can be viewed at http://business.ftc.gov/documents/bus23-fighting-identity-theft-red-flags-rule-how-guide-business.

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