Red Flags Program

Compliance with "Red Flags" rules is no longer voluntary but is being enforced effective December 31, 2010- are you prepared?  The  FTC's Red Flags rule is specifically meant to prevent identify theft from occurring. The rule requires all lending institutions, including auto and truck dealers, to establish and maintain a written Identity Theft Prevention Program ("ITPP") that is designed to detect, prevent, and mitigate identity theft.   

 The HotlinkHR™ system then schedules all of the written acknowledgments, necessary training, and documentation. In addition, the Experience and Awareness Log and Annual Report are automated. This automated service makes compliance simple.

The HotlinkHR™ Red Flags Program includes all the necessary tools and guidance to:

• Designate a compliance officer/coordinator
• Perform a risk assessment
• Draft and communicate policy and procedures
• Conduct employee training
• Undertake periodic audits
• Obtain board approval and complete annual report

For more information on Red Flags Rule compliance click here for the Red Flags Rules Overview white paper or visit  http://www.ftc.gov/redflagsrule.