ANX Corporate Blog: Posts tagged as Red Flag Rules

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Jun 11th 2010, 14:20

Red Flag Rules... Ready, Set, Comply!!

Posted by Curtis Blount
Red Flag Rules…. Ready, Set, Comply
Part 1: Interpretation
 
On June 1, 2010 the Federal Trade Commission will implemented compliance to the Red Flag Rules. While the official date has been  somewhat of a moving target, it looks like June 1st is the final. So the questions to ask is are you ready?
As with most regulatory compliance statues they are heavy on ambiguity and light on practical substance. As such interpretation is left up the person responsible for first determining IF Red Flag applies to you and if so what to do about it. The good news is that Red Flag Rules are based on IT Governance which is based in part on ISO 27000:2005 standards for Information Security best practices.
This is part one of a three part blog on Red Flag

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