Continuing with our project of helping our community weed through the new legislation, this week we turn our focus to “What is the right approach to the Red Flags Rule?” At its core, the Red Flags Rule requires a risk-based approach. Each financial institution or creditor must conduct a risk assessment in order to develop […]
Continuing our education related to sifting through the new Red Flags Rule, we thought it might be handy to start with some definitions. According to the FTC, a Red Flag refers to a pattern, practice, or specific activity that indicates the possible existence of identity theft. Supplement A to the final rules and guidelines provides 26 examples […]
Our goal is to use this space to educate our community about issues relevant to identity theft; the long-time in coming Red Flags Rule has finally been enacted into law and we will be doing our best to help weed through—“What does it mean?” We’ll start with the good news for many of our clients—thanks […]
We were pleased to partner with Sheila Delson from FREEDomain to help her protect her clients from identity theft. In her own words: “(This was) my “New Year” kick-off! As a professional organizer I find many clients who struggle with PAPER elimination due to IDENTITY-THEFT concerns, making them feel ‘stuck’ which impedes progress. To minimize those […]
Continuing with our thread from last week, we finish off our focus on the top scams to be wary of in 2011. Last week we addressed job hunt lures, debt solutions, not-so-free trial offers, time share resellers, and work from home secrets. This week we urge you to be wary of: Itinerant home repairers and […]
Especially in these tough economic times, the Better Business Bureau warns Americans to be wary of these top scams. We’ll hit the a few this week and finish off the list next week: Job hunt lures. These days all the talk is about JOBS, JOBS, JOBS! Unfortunately, further complicating the underemployment situation are scams targeting […]
Effective December 31, 2010, the Red Flags Rule requires organizations extending payment terms to customers and that have personal information on file to: 1-Create written “Program” that identifies where personal customer information is vulnerable to unauthorized access ro where the organization is vulnerable to ID Theft. 2-Institute precautions that address those ID Theft vulnerabilities and […]
One of the best surprises we have experienced since starting HV Shred just over 3 years ago has been the enthusiastic thank you’s we have received from clients ecstatic to have had our help to clean out their paperwork in a simple, secure and quick way. Because we needed the service for ourselves, we knew our service […]