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<br />CITY OF LA PORTE <br />IDENTITY THEFT PREVENTION PROGRAM <br />EFFECTIVE MAY 1,2009 <br /> <br />I. ADOPTION OF PROGRAM AND GENERAL INFORMATION <br /> <br />a. The City of La Porte- ("City") developed this Identity Theft Prevention Program <br />("Program") pursuant to the Federal Trade Commission's Red Flags Rule ("Rule"), which <br />implements Section 114 of the Fair and Accurate Credit Transactions Act of2003. 16 C. F. R. S <br />681.2. This Program was developed with oversight from City of La Porte Finance Department <br />with approval by the La Porte City Council. <br /> <br />b. An Identity Theft Prevention Program was created and designed to detect, <br />prevent, and mitigate identity theft relating to "Covered Accounts" of the City. The objective of <br />the City of La Porte is to safeguard the "Identifying Information" of customers utilizing City <br />covered accounts, including utility accounts, or any other City operations that provides a service <br />for which payment is deferred until a future date, for the purpose of identifying and preventing <br />identity theft. <br /> <br />II. PROGRAM PURPOSE AND DEFINITIONS <br /> <br />a. Fulfilling Requirements of the Red Flags Rule. Under the Red Flag Rule, every <br />financial institution and creditor is required to establish an "Identity Theft Prevention Program" <br />tailored to its size, complexity and the nature of its operation. To ensure the City of La Porte has <br />a program in place to detect, prevent, and diminish identity theft in connection with the opening <br />and maintaining of utility accounts, and to establish written procedures for security and storing <br />of personal information, each program must contain reasonable policies and procedures to: <br /> <br />(1) Identify relevant Red Flags for new and existing covered accounts and <br />incorporate those Red Flags into the Program <br /> <br />(2) Detect Red Flags that have been incorporated into the Program; <br /> <br />(3) Respond appropriately to any Red Flags that are detected to prevent and <br />mitigate Identity Theft; and <br /> <br />(4) Ensure the Program is updated periodically, to reflect changes in risks to <br />customers or to the safety and soundness of the creditor from Identity <br />Theft. <br /> <br />b. Red Flags Rule definitions used in this Program <br /> <br />S:\Council Agendas - Draft\04272009\Finance\La Porte Rcd Flag Policy (final ror adoption 4 27 09l.docl <br />