Kroll Fraud Solutions Helps Organizations Navigate Red Flag Rules Requirements

New Kroll resources explain how to comply with these new regulations, while emphasizing the need for additional protective measures to further minimize risk.

Nashville, TN (PRWEB) May 13, 2009 -- In the wake of the Federal Trade Commission's recent decision to delay enforcement of the Identity Theft Red Flags Rule until August 1, 2009, data security and identity theft experts at Kroll Fraud Solutions (www.krollfraudsolutions.com) launched new educational resources for impacted

organizations to help them understand the requirements and the necessary steps to compliance; identify vulnerabilities that currently exist in the regulations; and, in response, implement protective measures that will bolster existing security efforts to best protect organizations and individuals from data breaches and identity theft.

Kroll's "Red Flags" resources include:

•    Red Flag Rules FAQ (http://www.krollfraudsolutions.com/understanding-id-theft/red-flag-rules.aspx). This comprehensive guide provides the answers to the most commonly asked questions posed in regard to the regulations - from Who must comply? to Are there any other precautionary measures my organization should be taking? The FAQ also provides Kroll's top tips on creating and implementing an effective "identity theft prevention" program.

•    "Red Flags Rules -- After Implementation" Podcast (http://www.krollfraudsolutions.com/media-center/podcast-red-flag-rules-after-implementation-return.aspx). In this podcast, Chief Operating Officer Brian Lapidus cautions organizations that while Red Flag Rules are a positive step towards protecting organizations and individuals from data breaches and identity theft, they are not a silver bullet. Lapidus warns organizations against the false sense of security created by rules and regulations, because savvy criminals are constantly evolving their methods to determine new ways to attack companies and consumers for valuable personally identifiable information. As proof points, Lapidus offers a client case study that details how targeted identity theft can continue despite the passage of Red Flag Rules and advises them how to combat these additional risks.

Kroll Fraud Solutions is the world's leading risk consulting company, providing a range of investigative, intelligence, financial, security and technology services to help clients reduce risks, solve problems and capitalize on opportunities. Its clients include Fortune 500 companies, non-profit organizations and government entities dealing with healthcare, financial services, insurance, consumer service and any activity involving the collection and use of personal information. Visit www.krollfraudsolutions.com to learn more.

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