Red Flag Rules
FACTA (Fair and Accurate Transaction Act) Red Flags: A regulation intended to reduce
the risk of identity theft. The regulation defines twenty-six alerts or red flags.
A Red Flag refers to a pattern, practice or specific activity that indicates the possible
existence of identity theft. The regulation is monitored by the Federal Trade Commission
and went into effect November 1, 2009.
A Red Flag is any pattern, practice, or specific activity that indicates the possible existence of identity theft.
Resources:
Red Flag Training Presentation HSC
Red Flag Training Presentation MC