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subject: Ftc Red Flag Rules: 5 Reasons Your Practice Should Outsource Identity Theft Prevention [print this page]


The FTC Red Flag Rules will be effective June 1, 2010. Has your practice developed and implemented a written identity theft prevention program yet? To prevent identity theft and comply with the FTC Red Flag Rules, its critical that your practice:

Avoids a breach of its patient and other private data.

Protects itself from penalties and financial fines from the government for non-compliance with the FTC Red Flag Rules.

Helps patients prevent the financial losses and legal problems caused by identity theft. Unfortunately, unlike stealing cash or a car, an identity thief can sell an identity over and over again.

Here are five reasons your practice should outsource FTC Red Flag Rules compliance in your efforts to prevent identity theft:

1.Your practice and your reputation are on the line. You have legal and ethical responsibilities to protect both your patients and employees private information to the best of your ability. To prevent a data breach by identity thieves, you need to be proactive and hire a professional identity theft prevention firm to setup airtight systems and ensure youre compliant with the FTC Red Flag Rules.

2.An independent review of your internal and external risk factors gives you critical insight into the ways in which your practice may be vulnerable to identity theft, as well as the actions you need to take right away to protect your practice, your patients, and your employees.

3.An identity theft prevention expert can help you develop policies and plans to mitigate identity theft while also ensuring you are ready for enforcement of the FTC Red Flag Rules. Outsourcing your identity theft prevention policies and strategies can save you untold time and money due to the firms experience and use of best practices.

4.Having your FTC Red Flag Rules compliance managed by a professional identity theft prevention company keeps you up-to-date on new scams and new legislation that affect your practice.

5.One of the best defenses against identity theft is a vigilant and well-trained staff. Even if you have cutting-edge IT policies and procedures in place, your practice is still vulnerable to attack if your employees dont understand the FTC Red Flag Rules and identity theft prevention strategies.

Is Your Practice Ready for the FTC Red Flag Rules?

Identity theft protection begins and ends with The Identity Advocate. The Identity Advocate specializes in medical identity theft to protect your practice, patients, and employees from the threats and devastating effects of identity theft. With the right identity theft policies and procedures in place, your practice will be a safe and secure environment for providing quality healthcare to patients.

Call The Identity Advocate at 310.831.4400 or email info@theidentityadvocate.com to schedule a professional audit of your systems and learn more about FTC Red Flag Rules. Visit The Identity Advocate online at www.TheldentityAdvocate.com.

by: Linda Vincent




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