Description
Provides a broad overview of the requirements of the Red Flags Rule and the protection of customer information, including the requirement that banks develop and implement a written Identity Theft Prevention Program.
What You’ll Learn
After completing this course, students will be able to:
- Explain the general purpose and requirements of the Identity Theft Red Flags Rule and define key terms
- Describe the specific elements and requirements of a bank’s Identity Theft Prevention Program
- Recognize how banks must respond when they encounter address changes and address discrepancies
- Explain how to protect information used to commit identity theft and requirements for third-party vendor security
