I D Theft Laws in effect May 1,2009 for all businesses. Are you compliant ?

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 6, 2009 -- Recently, the Federal Trade Commission has been sending notices requiring the protection of non-public information by all "financial institutions" and "creditors." Identity theft legislation is currently directed at companies that receive payments by check or credit cards and who maintain customer accounts with private information. This letter is a reminder of the possible compliance requirements and that one or more of the following laws may apply to you:

*Red Flag Rules
*Fair and Accurate Credit Transactions Act of 2003 (FACTA)

*Gramm-Leach Bliley Act (GLB)
*HIPAA Privacy


Identity theft is America's most prevalent crime and is generating more illegal revenue than illicit drug trade. With the current downturn in the economy, ID theft is expected to increase dramatically.Over one-half of the ID theft in America now occurs in the workplace, IN BUSINESSES JUST LIKE YOURS. Your business will dramatically reduce its vulnerability to lawsuits from identity theft if it has preventative measures in place.

id theft     IDENTITY THEFT     prepaid legal     Red Flag Laws