FACTA RED FLAG
Compliance Series
May 28th, 2010 - The Federal Trade Commission issued an announcement that it will again suspend enforcement of the new “Red Flags Rule” for the fifth time.... this time until December 31st, 2010 to give creditors subject to FTC jurisdiction additional time in which to develop and implement written identity theft prevention programs. Today’s announcement focused on small businesses and their need to understand the requirements of the rules. Read More
HEALTH CARE FINANCIAL UTILITIES TELECOM MORTGAGE DEALERS
NXG has been a featured speaker at many financial institution, municipal and other industry-related conferences and workshops regarding Red Flag, breach risk mitigation and other fraud related topics. For information about our speakers and a schedule of fees please call us at 615-823-1311.
NXG WEBINAR SERIES and PROGRAM TEMPLATES
RED FLAG I – PRE-RECORDED!! Requirements and Action Plan for Implementation (All Industries)
Simple, straightforward explanation of the Red Flag requirements, with a discussion of how to plan, stage and implement the requirements. Click "View Now" to access the pre-recorded webinar any time.
Duration: 45 minutes Cost: FREE VIEW NOW!
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RED FLAG II – Templates for Your Red Flag Plan (Industry-specific)
A review of the processes needed to complete your written red flag plan, including gap analysis, risk assessment, defining your Red Flag list, and creating a protocol for Red Flag response. This session includes all of the templates you will need to complete your plan – (1) Gap Analysis, (2) Risk Assessment, and (3) Written Red Flag Plan with sample policies and procedures
Red Flag 1 is a prerequisite to this session.
Duration: 45 minutes Cost: $295 REGISTER NOW!
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RED FLAG SOLUTIONS – NXG’s Best-in-Class Program for Compliance (All Industries)
Discussion of the detection tools available through the NXG Red Flag Portal for identity and address change validation, account screening and more! Coupled with flexible options for identity theft mitigation this is simply the highest quality, most comprehensive program available today.
Duration: 45 minutes Cost: FREE REGISTER NOW!
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Visit NXG Strategies Corporate Website
NXG Strategies is an industry pioneer and the nation's top-tier consulting firm for identity theft and corporate information breach. NXG helps financial institutions, lending firms, retail organizations, telecommunications companies and utilities, auto dealers and other corporations provide sponsored identity theft PREVENTION and identity theft MITIGATION services to millions of program members. Now, in cooperation with the latest in DETECTION technologies, NXG Strategies can provide a complete solution in answer to the Red Flag Legislation.
Contact:
NXG Strategies, LLC
Lynn Manzelmann
615-656-4290
info@nxgstrategies.com
www.nxgstrategies.com
Compliance Deadlines
Who Must Comply by November 1, 2008: All Banks, Thrifts, Mortgage Lenders, Credit Unions and U.S. Branches of Foreign Banks and Lenders
Who Must Comply by June 1st, 2010:
Other "Creditors", such as Utility Companies, Telecommunications Companies, Health Care Companies, Auto Dealers, Debt Collectors and more!
See "General Requirements" to Learn More about How Red Flag Affects Your Organization, or Call NXG Strategies for a Personal Analysis.
Low start-up cost, no technical implementation, complete Red Flag tracking and access to state-of-the art identity validation tools to DETECT identity theft.
Identity Verification - Provides real-time verification of identity information
Identity Authentication - Provides instant out-of-wallet questions to prove with a reasonable certainty if you are dealing with the right person
Address Validation - Perform address changes with confidence and resolve address discrepancies
Complete Red Flag Tracking - Records all Red Flags and your responses through the Red Flag Portal for year-end board reporting.
Internet Black Market Monitoring - Watches for account numbers or other informaiton that can signal a compromised identity
PLUS the SAFE PORTAL for Employee Background Screening:
Employee Background Screening and Drug Testing - Order comprehensive background reports and schedule local drug testing through the Red Flag Portal
Information published on this site is of general applicability and is not intended to be relied on as a complete and accurate interpretation of the law for any person or entity. By virtue of this publication, we are not providing legal, accounting or other professional advice for specific companies or financial institutions. Please consult your legal or compliance adviser before taking any action on information contained herein.
-- NXG Strategies, LLC