VIRGINIA BEACH, Va., October 8, 2009 — As the November 1, 2009 deadline approaches, financial organizations are finalizing efforts to comply with the Red Flags Rule, the federal regulation that requires pertinent institutions to develop an Identity Theft Program.
Coastal has recently released Red Flags Rule: Preventing Identity Theft, a new compliance program that delineates the law's provisions and shows how organizations can meet its stringent requirements.
Red Flags Rule: Preventing Identity Theft defines in plain, accessible English the scope and nature of the Red Flags Rule. It identifies the five categories of red flags and cites the organizations and types of accounts covered by the regulation. The program outlines a four-step compliance guide and explains how to manage an identity theft program to keep sensitive information from falling into the wrong hands!
Identity theft has cost American businesses more than $50 billion over the years, resulting in loss of consumer confidence, organizational credibility and a substantially reduced bottom line. The Red Flags Rule was enacted to increase protection and ensure more profitable and worry-free business, and Coastal published Red Flags Rule: Preventing Identity Theft to help organizations set up compliance efforts and safeguard the lifeblood of their businesses.
Red Flags Rule: Preventing Identity Theft is the newest addition to Coastal's comprehensive compliance library, which includes programs on harassment, the new ADA, corporate ethics, diversity and other federal regulations.
The Red Flags Rule: Preventing Identity Theft training DVD is available for a FREE 7-day preview. Just call 877-COASTAL, fax 757-498-3657, e-mail email@example.com or visit www.training.dupont.com/ethics-and-compliance-training.
A DuPont company, Coastal Training Technologies Corp. is one of the world's leading publishers of safety, industrial skills and employee development training programs. Since 1984, more than 200,000 training professionals have relied on Coastal's award-winning products to enrich the lives of more than 30 million employees worldwide.Maxine A. Cosbert
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