Identity Finder Promotes Compliance with FACT Red Flag Rules
How Identity Finder helps comply with FACT Red Flag Rule
Highlights of FACT Red Flag Rules
- Financial institutions and creditors with covered accounts must have identity theft prevention programs to identify and respond to activities that could lead to identity theft.
- Federal law defines a creditor to be any entity that regularly extends, renews, or continues credit.
- Some examples of creditors are finance companies, automobile dealers, mortgage brokers, utility companies, telecommunications companies, and non-profit and government entities that defer payment for goods or services.
How Identity Finder enables Policy Compliance with Red Flag Rules
- Identifies sensitive data within your organization enabling you to securely encrypt it, delete it, or quarantine it.
- Facilitates regular monitoring and auditing of employee access to personal information allowing you to ensure that the comprehensive information security program is operating in a manner reasonably calculated to prevent unauthorized access to or unauthorized use of personal information.
- Empowers you to develop a security policy for employees who telecommute that takes into account whether and how such employees are allowed to keep, access and transport data containing personal information.
- Helps you enforce secure access control measures that restrict access to records and files containing personal information to those who need such information to perform their job duties.
3 Easy Steps using Identity Finder to Minimize Impact
- Run Identity Finder and find personally identifiable information;
- Shred unnecessary personally identifiable information spread across your network; and
- Protect insecure files using Identity Finder.