It is the purpose of this Program to fulfill the requirements
of the Red Flags Rule. Under that rule, every financial institution
and creditor is required to establish an Identity Theft Prevention
Program that is tailored to the size, complexity, and the nature of
its operation. Each program must contain reasonable policies and procedures
to:
A.
Identify relevant red flags for new and existing covered accounts
and incorporate those red flags into the program;
B.
Detect red flags that have been incorporated into the program;
C.
Respond appropriately to any red flags that are detected to prevent
and mitigate identity theft; and
D.
Ensure that the program is updated periodically to reflect changes
in risks to customers or to the safety and soundness of the creditor
from identity theft.
As used in this Program, the following terms shall have the
meanings indicated:
Any account that the City of El Paso offers or maintains, primarily
for personal, family or household purposes, that involves multiple
payments or transactions; and
Any other account that the City of El Paso offers or maintains
for which there is a reasonably foreseeable risk to customers or to
the safety and soundness of the City of El Paso from identity theft.
Any name or number that may be used, alone or in conjunction
with any other information, to identify a specific person, including:
name, address, telephone number, social security number, date of birth,
government-issued driver's license or identification number, alien
registration number, government passport number, employer or taxpayer
identification number, unique electronic identification number, computer
Internet Protocol address, or routing code.
Fraud committed by using the identifying information of another
person.
A pattern, practice, or specific activity that indicates
the possible existence of identity theft.
The federal administrative regulations that implement Section
114 of the Fair and Accurate Credit Transactions Act of 2003. (12
CFR 41.90, 41.91)
