Identity Theft Prevention Program

On November 9, 2007 the OCC, Board, FDIC, OTS, NCUA and FTC (the Agencies) jointly issued the final rules and guidelines implementing section 114 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act) and final rules implementing section 315 of the FACT Act. The rules implementing section 114 require financial institutions or creditors to develop and implement a written Identity Theft Prevention Program (the Program) to detect, prevent and mitigate identity theft in connection with covered accounts and to establish policies and procedures to assess the validity of a change of address. These rules and guidelines became effective January 1, 2008, and require financial institutions to comply by November 1, 2008. The Identity Theft Red Flag rules and guidelines apply to financial institutions and/or creditors such as: Banks, Credit Unions, Savings Associations, Mortgage Lenders, Mortgage Brokers, Auto Dealers, Phone Companies, Utility Companies, and Other Creditors.

The CoNetrix Solution

CoNetrix is offering an online service that includes an online tool that helps you create your Identity Theft Prevention Program document and online Identity Theft Red Flags employee training customized for your red flags. Our service follows the Red Flag rules and guidelines and enables you to create a complete Identity Theft Prevention Program in a short amount of time. Subscribers to our service can simply log-in, complete a series of questions and download your customized Program document in Microsoft Word or Adobe Acrobat format. In addition, your organization will receive access to an online Identity Theft Red Flags employee training course.

Identity Theft Prevention Program Document Generation Online Tool

  • Easy 4 step process
  • One year subscription to updates
    • You can login, make changes to your previous answers, and download the document again.
    • We will make modifications as continued guidance is released on the Identity Theft Prevention Program and notify you through e-mail.
  • Multi-user access to the tool
  • Ability to manage several companies’ programs with one login (This requires the purchase of a subscription for each company. Contact us for pricing.)

Online Identity Theft Red Flags Employee Training Course

  • Customized for your red flags
  • Utilizes CoNetrix’s web-based Learning Management System
  • Management Interface for managing employee access to the training
  • Reports on who has taken and passed the training

Sign up today to get started creating your Identity Theft Prevention Program.

Take a Video Tour

Screenshots

Questionnaire Screen Shot Fill Out the Questionnaire with Information About Your Financial Institution Red Flag Screen Shot Choose the Example Red Flags You Want to Include in Your Program
Edit Red Flag Screen Shot Edit the Examples or
Add Your Own Red Flags 		Download Documents Screen Shot Download Your Customized Identity Theft Prevention Program Document

Identity Theft Red Flag Links