Compliance Management, Network Security, Security Strategy, Plan, Budget

Red Flags delay

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The Federal Trade Commission on Wednesday announced that it will, for the third time, push back the enforcement deadline of the Red Flags Rule, which requires financial institutions and creditors to develop identity theft prevention programs. The new enforcement deadline is Nov. 1. In addition, the FTC will ramp up its efforts to educate small businesses about how to comply because many are still confused about their obligations, the FTC said. — AM

Red Flags delay

The Federal Trade Commission on Wednesday announced that it will, for the third time, push back the enforcement deadline of the Red Flags Rule, which requires financial institutions and creditors to develop identity theft prevention programs. The new enforcement deadline is Nov. 1. In addition, the FTC will ramp up its efforts to educate small businesses about how to comply because many are still confused about their obligations, the FTC said. — AM

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