Aug 3rd, 2009
Just days away from the Aug. 1 implementation deadline, the Federal Trade Commission (FTC) announced July 29 it will further delay enforcement of the Identify Theft Red Flags Rule. Creditors and financial institutions now have until Nov.1 to develop and implement a written Identity Theft Prevention Program. “Red Flags” Rule Delayed Again was last modified: July ...
Jul 1st, 2009
Stimulus legislation changes the way we’re used to doing business. By David Behinfar, J.D., LL.M, CHC, CIPP In the face of an economic crisis, the Obama administration has seized an opportunity to strengthen the medical record privacy landscape for all Americans by making significant modifications to the privacy and security regulations of the Health Insurance ...
Apr 30th, 2009
The Federal Trade Commission (FTC) announced Thursday, April 30, it is postponing implementation of its Red Flags Rule “to give creditors and financial institutions more time to develop and implement written identity theft prevention programs.” The FTC also announced that it is developing templates for smaller businesses that “know their customers,” such as providers. See ...
Apr 14th, 2009
CVS, the nation’s largest retail pharmacy chain, will pay the U.S. government a $2.25 million settlement and take corrective action to ensure it does not violate privacy when disposing of patient information, such as identifying information on pill bottle labels. The settlement, which applies to all of CVS’ more than 6,000 retail pharmacies, follows an ...
Mar 30th, 2009
The new Red Flags Rules go into effect May 1. These rules, enforced by the Federal Trade Commission (FTC), are meant to combat consumer identity theft, and apply to any business qualifying as a creditor or financial institution under the law. Many doctor’s offices, hospitals, and other health care providers qualify as creditors according to ...