A panel of legal and financial security experts will take you through the fundamentals of recognizing and responding to the ubiquitous identity theft threat. You will learn how to protect your financial institution and your customers/members.
Topics Covered
- What are your obligations under the FACT Act?
- What four elements must you include in your identity theft prevention program?
- What are the red flags of identity theft that may occur in routine operations?
- How can you detect red flags?
- What actions should you take when you suspect identity theft?
- How will you update your program to reflect new threats?
Scheduled for 60 minutes including question and answer period.
Training Overview
Is your institution doing enough to prevent identity theft? Learn your obligations under the FACT Act.
An estimated nine million Americans have their identities stolen each year. Identity thieves drain accounts, damage credit, and put medical treatment at risk. The Fair and Accurate Credit Transactions (FACT) Act requires financial institutions to develop, document, and implement an identity theft prevention program.
The Federal Trade Commission’s Red Flags Rule provides guidelines you can use to create and administer your program. You are obligated to ensure your institution complies and actively combats identity thieves.
- What are your obligations under the FACT Act?
- What four elements must you include in your identity theft prevention program?
- What are the red flags of identity theft that may occur in routine operations?
- How can you detect red flags?
- What actions should you take when you suspect identity theft?
- How will you update your program to reflect new threats?
Who Should Attend?
- Branch managers
- Security officers
- Human resources professionals
- In-house counsel
Expert Presenters
Jim Castagnera
- Chief consultant for Holland Media Services, LLC, a freelance writing, training, and communications company
- President of Casta Volte Due, Inc., a day-trading company
- Has practiced law for 36 years
Leo Castagnera
- VP for security at a mid-sized community bank
- Sixteen years of BSA and Security experience including Regulatory Compliance Audits conducted by the Officer of the Controller of the Currency (OCC) and the Federal Reserve Board
- Advised senior management in the development and implementation of the Bank’s Secrecy Act’s Policies and Procedures including the USA Patriot Act
Robert J. Lackie
- Professor-Librarian at Rider University for the past 23 years
- Has given over 650 presentations at library, education, and technology conferences and meetings, many on cybersecurity and ID theft prevention
- Co-authored the ebook Identity Theft: What You Need to Know