By: Ester Horowitz
Commentary to the Automotive Dealership Institute
Published: September 2, 2009
On Nov. 1, 2008, the Federal Trade Commission enacted the Red Flag Rule on Identity Theft. Approximately 80 percent of U.S. businesses will be required to comply by Nov. 1 of this year. While many businesses are not enthusiastic about it, the question that begs [...]
What happens to this woman could be anyone of us. Please take a minute to watch.
http://www.wimp.com/goodsamaritan
From the Phoenix Business Journal — LifeLock Inc. will have to find a new way to protect consumers from identity theft as a U.S. District Court Judge found that its practice of placing fraud alerts on customers’ credit reports is illegal.
Judge Andrew Guilford upheld his May decision in favor of credit reporting bureau Experian Information [...]
Gov. Charlie Crist and the Florida Cabinet have agreed to pay the federal government $1.5 million to settle a complaint that the state violated motorists’ privacy. The panel accepted the deal Tuesday, but it also will need the Legislature’s approval.
The Legislature has already agreed to $10.4-million to settle a class action lawsuit over allegations that [...]
According to an article published in The Florida Bar News, Bar President Jesse Diner has sent a letter to the Federal Trade Commission relating The Florida Bar’s opposition to including lawyers under the FTC’s proposed “Red Flags Rule” on protecting consumers from identity theft.
The FTC’s Red Flags Rule requires creditors to adopt policies to identify [...]
The U.S. Federal Trade Commission announced today that it would once again extend its enforcement of the Red Flags Rule, and the corresponding mandatory compliance deadline for covered entities under its jurisdiction, to 1 November, 2009.
To assist small businesses and other entities, the Federal Trade Commission staff will redouble its efforts to educate them about [...]
Although few statistics are available, the Federal Trade Commission reports that medical identity theft accounts for 1.3 percent to 3 percent of all identity theft crime — about 250,000 cases each year.
The FTC hopes to address a part of the problem with a new regulation called the “Red Flags Rule,” set to take effect on [...]
After being delayed twice, the new FACTA Red Flag regulations, enacted into law in November 2008, requiring certain businesses to create a written security policy will begin enforcement on August 1.
The FTC delayed enforcement to allow businesses more time to implement their security policies. As one who meets daily with small business owners, I am sorry [...]