Webinar: Identity Theft Red Flags & FACT Act Compliance
July 3, 2024 3:00 pm - 4:30 pm
Identity theft continues to be one of the top threats to accountholders, and they are looking to their financial institution to keep them safe in a dangerous world.
As criminals continue to evolve, so do their ID theft techniques. Ensure your ID theft program is up to date and ready to face today’s challenges with this compelling presentation.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand today’s threats – from cyber security to synthetic ID theft
- Appreciate the elements of a successful ID theft red flags program
- Create effective training solutions
- Update your red flags for today’s technology
- Incorporate recent regulatory guidance
WEBINAR DETAILS
When was the last time you updated your ID theft red flags program? Identity theft remains one of the most active threats to the financial marketplace and your accountholders are looking to you for protection. The industry’s movement towards the next great banking technologies has exposed continuing vulnerability to identity theft and cybersecurity threats. Don’t let old enemies come back and expose weaknesses in your security program. The regulations list numerous examples of identity theft warning signs and require every financial institution to have a written identity theft prevention program.
From researching address discrepancies to identifying suspicious activity, there’s more to your credit reporting compliance program than just late payment disputes. It has never been more important to ensure your security program is keeping up with today’s challenges. Join us to learn the latest in this important arena.
WHO SHOULD ATTEND?
This session is designed for executives, directors, managers, fraud prevention staff, compliance personnel, IT staff, internal auditors, call center staff, operations professionals, and all other staff impacted by the ID theft red flags rule.
TAKE-AWAY TOOLKIT
- Sample red flags update checklist
- Sample ID theft detection response grid
- Examination guidance
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: David A. Reed, Reed & Jolly PLLC
Attorney, author, consultant, and nationally recognized trainer, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.
A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.