Fighting Identity Theft with the Red Flags Rule - Annual Frontline Training Wednesday, October 18, 2017 - 2:00 PM - 3:30 PM ET
Overview
An estimated nine million Americans have their identities stolen each year. Identity thieves may drain accounts, damage credit, and even put medical treatment at risk. The cost to financial institutions — left with unpaid bills racked up by scam artists — can be staggering, too.
The good news is that there are proven ways your institution can protect against this damaging threat. Attending this webinar will give you an inside view into the best practices for protecting against common and not-so-common identity-related attacks. You will also learn about your institution's obligation to detect and deter money laundering.
Covered Topics
This session will answer the following questions and much more:
- What is a covered account?
- What are the categories of red flags? How are identity-related attacks perpetrated?
- What to do if you have a red flag for identity theft?
- What is your responsibility to detect, deter and report identity theft? How can you detect the signs of an identity-related attack?
- Using your CIP and CDD to help with identity theft?
- How can you reduce your institution's and customers' risks of becoming a victim of identity theft? What are best practices in identity theft and fraud prevention?
- What are resources for your customer in the event of identity theft?
Who Should Attend?
This is informative session is designed for all financial institution personnel, including:
- Tellers,
- Customer service representatives,
- Information Security officers,
- Information Technology officers,
- Cybersecurity Specialists,
- BSA officers,
- Human Resources personnel,
- Compliance officers, and
- Anti-fraud Professionals