Friday, October 24, 2008

Red Flag Update

Please be advised that the Federal Trade Commission has announced that they will suspend enforcement of the Red Flag rules until May 1, 2009, to give creditors, including healthcare providers, additional time in which to develop and implement written identity theft prevention programs to detect, prevent, and mitigate identity theft.

It is important that you begin developing your identity theft prevention program as soon as possible to ensure compliance with the Red Flag rules by May 1, 2009.

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