Red Flags Rule
Mandated by the Federal Trade Commission (FTC), the Red Flags Rule requires the University of St. Thomas to implement a written Identity Theft Prevention Program that is designed to detect warning signs (“red flags”) of identity theft during the course of regular operations for covered accounts. The program should result in increased detection and prevention of fraudulent activity, as well as help mitigate the consequences of such activity.
View the Red Flags Rule Powerpoint Training
Program Administration and Implementation
Administration of the Identity Theft Prevention Program at UST is the responsibility of the Red Flags Committee, as appointed by the Vice President of Business Affairs and Chief Financial Officer. The committee will conduct a periodic review of the program and update it as necessary. The current Program Administrator and point of contact for issues related to the Red Flags Rule is Pam Peterson, Director of the Business Office.
It is the expectation of the Committee that all UST departments will review the materials provided on this website and update their respective policies and procedures as appropriate. Information on the Red Flags Rule and the written Identity Theft Prevention Program will be disseminated by means of Bulletin announcements, new employee orientation, and this website.
For More Information and Red Flags Examples:
Federal Register Text
Federal Trade Commission Red Flags Site
Educause Resources on Red Flags
Red Flags Rule Definitions
A pattern, practice, or specific activity that indicates the possible existence of identity theft
A consumer account designed to permit multiple payments or transactions - or - an account for which there is a reasonably foreseeable risk for identity theft
Fraud committed or attempted using the identifying information of another person without authority