FTC Delay Does Not Apply to Employers

Nick Fishman

Yesterday, the FTC announced a 6 month delay in enforcing their “Red Flags” Identity Theft Guidelines.  In reading through the release, it was unclear as to how this would affect employers.  Well, we’ve been in touch with the FTC and we now know that this delay only pertains to Financial Institutions and Creditors.  Employers still must be in compliance with the these guidelines as they relate to developing and implementing a policy to handle “Red Flag” Address Discrepancy Notifications from National Consumer Reporting Agencies (primarily credit bureaus) when conducting background checks.

For more information about these guidelines, please refer to the articles listed below.

Users of Consumer Reports Have New Responsibilities as of November 1, 2008

employeescreenIQ Offers Free Webinar on New FTC Identity Theft Guidelines

FTC Enforcement Policy: Identity Theft Red Flags Rule

Nick Fishman
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Nick Fishman

Nick Fishman is the co-founder of EmployeeScreenIQ, a leading, global employment background screening provider, and serves as the company’s executive vice president and chief marketing officer. He pioneered the creation of EmployeeScreen University, the #1 educational resource on employment background checks for human resources, security and risk management professionals. A recognized industry expert, Nick is a frequent author, presenter and contributor to the news media. Nick is also a licensed private investigator in the states of Ohio and Texas.
Nick Fishman
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