Red Flag Rules
FACTA (Fair and Accurate Transaction Act) Red Flags: A regulation intended to reduce the risk of identity theft. The regulation defines twenty-six alerts or red flags. A Red Flag refers to a pattern, practice or specific activity that indicates the possible existence of identity theft. The regulation is monitored by the Federal Trade Commission and went into effect November 1, 2009.聽聽
听础 Red Flag聽is any pattern, practice, or specific activity that indicates the possible existence of identity聽 theft.