Cheryl Baumgartner CITRMS

If you are, you may be operating under the belief the the FACTA Identity Theft Red Flags Rule does not apply to you. Odds are you are operating under a mistaken belief. especially if your are providing these services to any of the covered entities such as financial institutions, or creditors. The Definition of creditor is very broad, you could already be affected because you are a creditor as defined by the Red Flags rule. But if you truly don't fall under it on the front end, you need to consid… Continue

So I have established myself as an expert in my field. So much so that I was recently asked to write a cover story for a local real estate trade publication. While this was written for a local publication the information applies to all real estate agents in the US.

You can read the entire issue here

The Identity Theft Red Flags rules are still causing so much confusion. Latest source of confusion third parties and how they effect your business. What a Third party does or does not do can have a direct impact on your business. We see the proof of that right now with the Heartland Payment Systems Breach. Banks and Credit unions are bearing the cost of replacing millions of debit and credit cards. Yet these financial institutions did not have a breach, the payment processor did. Because a third… Continue

The FACTA Identity Theft Red Flag Rule is legislation that is already on the books and in effect. Compliance with this law is mandatory for many businesses. Is yours one of them? Have you tried to find out if it will affect you. Do you even know it exists?

If you you have not taken the time to check on this law then you are way behind the 8-ball. This law became mandatory on January 1, 2008 and all businesses required to comply were given an enforcement deadline of November 1, 2008. The FTC is… Continue

Well May 1st is practically here. The deadline for compliance with the FACTA Identity Theft Red Flags Rule. I don't kid myself into thinking that the myriad of businesses out there are ready. Many ignored the information. Many choose to think it doesn't apply to them and many just don't know the rules exist.

On May 1st the sun will still rise in the east and the world will continue to spin on it's axis, it's just another day with a twist. You see up until now the Federal Trade Commission has no… Continue