Red Flag regulations require that businesses comply with a documented program that identifies and addresses at least 26 potentially relevant indicators of consumer identity theft. Failure to do so could result in disruption of business, injury to your company’s reputation and heavy fines.
Equifax assisted the Consumer Data Industry Association in providing comments to federal regulators during drafting of the Red Flag legislation. We are uniquely qualified to help you:
• Understand complex Red Flag requirements and their impact on your business.
• Ensure a formal, written identity theft prevention program is developed.
• Identify and implement automated solutions that seamlessly integrate into daily operations and existing delivery processes.
In fact, more than 70% of Equifax customers use an Equifax fraud, ID verification or authentication tool for fraud mitigation. All the more reason to trust us to help you quickly implement a user-friendly automated system for addressing this compliance burden.
Why use Equifax
As the needs of our customers have evolved, so have we. Expanding on our role as the trusted steward of credit data, Equifax has grown into the leading provider of technology-and analytics-fueled information solutions.