WASHINGTON — Credit union employees who want help in devising their plans to combat identity theft can attend NAFCU's Oct. 1 Webinar on the subject.
The event, which features NCUA attorney Regina Metz, is designed to help credit unions comply with the Nov. 1 deadline for developing and implementing an identity theft prevention program both for new and existing accounts. The program must include reasonable policies and procedures for detecting, preventing and mitigating identity theft.
Metz, who has been with the agency since 1998, will discuss how easily criminals gain access to member information and detail the requirements credit unions' identity theft programs must meet to comply with the new law
Credit unions must comply with the NCUA's Fair and Accurate Credit Transactions (FACT) Act Rule on Identity Theft Red Flags and & Notices of Address Discrepancy.
The Webinar is scheduled for 2:00-3:30 p.m. E.D.T. Early-bird registration, which offers discounts on the costs, ends Sept. 24.
For further information or to register, go to: www.nafcu.org/octoberwebcast.
For additional information on the regulation go to: http://www.ftc.gov/bcp/edu/pubs/business/alerts/alt050.shtm.
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