The Federal Trade Commission has released the “Red Flags Rule” which requires many businesses and organizations to implement a written Identity Theft Prevention Program designed to detect the warning signs – or “red flags” – of identity theft in their day-to-day operations. This new regulation becomes effective on November 1, 2009.

There are several resources available to business owners to determine if the new rule applies to them including, a “How-to Guide for Businesses“, and a template for those deemed as low-risk business.  For more information on this topic, visit the resources page of the FTC.