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Nearly 40% of consumers believe they are more prone to identity theft because of a data breach. - Javelin Study & Research - Consumer survey on Data Breach Notificiation, June 2008
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The Red Flags Rule's aim is to Stop Identity Theft! - Federal Trade Commission
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Congress would need to exclude physicians explicity from FACTA's defomotopm pf creditor for them to be excluded from the Red Flags Rule - Letter from FTC to AMA director 2/2009
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More than 11,000,000 entitites are required to comply with FACTA section 114 commonly referred to as the Red Flags Rule, according to the Federal Trade Commission, no later than 8/1/09 including all
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=> Banks, Saving & Loans and Credit Unions |
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=> Mortgage Lenders and Brokers |
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=> Consumer and Student Loan lenders |
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=> Auto and Motorcycle Dealers |
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=> Utility Companies, Cell Phone Providers and Other Creditors |
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=> Medical & Healthcare and Alternative Care Providers |
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=> Health Clubs, Laweyers, Tax Prepareers, Accountants & Other Service Providers |
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=> Publishers, Real Estate Agents & various retailers |
