FTC Red Flag Rule

The Federal Trade Commission (FTC) has recently implemented a “Red Flags” rule on certain businesses in an effort to curb the growing problem of identity theft. Financial institutions of all sizes are required to comply with this rule, as well as other businesses that regularly pull credit reports and grant credit to their customers. Essentially, […]

A growing number of Americans are victimized by identity theft each year. With the increase of online financial activity, cyber thieves are stealing millions of dollars annually with the threat continuing to grow at an alarming rate. To help fight identity theft, the Federal Trade Commission (FTC) recently implemented the Red Flags Rule. What is