FTC Delays "Red Flags Rule"

The FTC has delayed enforcement of new requirements concerning identity theft protection, the so-called Red Flags Rules, until November 1, 2009. The Rules, imposed by the Fair and Accurate Credit Transactions Act of 2003, require certain businesses and organization to develop, implement and monitor identity theft prevention programs. The Rules, as currently stated, include dental and healthcare providers who meet certain criteria, discussed in a previous posting here and explained in detail in the FAQ section at the FTC website.