Identity Theft Red Flags: Interagency Final Regulation and Guidelines

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The FDIC, along with the other federal financial institution regulatory agencies and the Federal Trade Commission, has issued the attached final rule and guidelines on identity theft "red flags" and address discrepancies. The rule requires that financial institutions and creditors implement a written identity theft prevention program, that card issuers assess the validity of change of address requests, and that users of consumer reports reasonably verify the identity of the subject of a consumer report in the event of a notice of address discrepancy.
• Content Notes:
  Related topics:
  
  FIL-22-2006, Prohibition Against Discrimination in Credit
  
  Transactions, issued March 9, 2006
  
  FIL-27-2005, Guidance on Response Programs for
  
  Unauthorized Access to Customer Information and
  
  Customer Notice, issued April 1, 2005
  
  FIL-7-2005, Guidelines Requiring the Proper Disposal of
  
  Consumer Information, issued February 2, 2005
  
  FIL-22-2001, Guidelines Establishing Standards for
  
  Safeguarding Customer Information, issued March 14,
  
  2001
  
  
• Subject:
  Information Technology/Cybersecurity
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2007/fil07100.html
• Format:
  PDF
• Release Date:
  11/15/2007
• Update Date:
  11/14/2018
• Withdrawn Date:
  12/01/2018
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; U.S. Department of the Treasury ; Office of the Comptroller of the Currency (OCC) ; Board of Governors of the Federal Reserve System (The Fed) ; Office of Thrift Supervision (OTS) ; National Credit Union Administration (NCUA) ; Federal Trade Commission (FTC)
• Fdic Employee Involved:
  Jeffrey Kopchik ; Richard Schwartz
• Law Involved:
  Fair and Accurate Credit Transactions Act of 2003
• Related Regulation:
  12 CFR Part 334 ; 12 CFR Part 364
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• Effective Date:
  01/01/2008
• FIL Number:
  FIL-100-2007
• Main Document Checksum:
  urn:sha256:8d116ad2bfc9629a2a6bab07fb1990fb6d19d36355e639e3c3ee8a2e9d6f49b4
• Download URL:
  https://archive.fdic.gov/view/fdic/7424/fdic_7424_DS1.pdf
• File Type:
  [PDF - 1.20 MB ]