Preparing for the FACTA Red Flags Rule

Perhaps you have heard about new regulations that the Federal Trade Commission (FTC) has proposed for some time now called the Red Flags Rule.  The Red Flags Rule stems from The Fair and Accurate Credit Transaction Act of 2003 (FACTA).  As of this writing the mandate will be enforced beginning November 1, 2009. FACTA added sections to the Federal Fair Credit Reporting Act intended primarily to help consumers fight the growing crime of identity theft.... [Read More...]