Policy: Red Flag Rules - Identity Theft

Listing generated on 03/28/2024 at 16:12:13.

Name: Red Flag Rules - Identity Theft
Number: 10000804
Code: ADM.GP.100.001
Status: Approved and Activated
Administrative Division: VC for Administration & Finance
Responsible Office: Bursar
Effective Date: 03/07/2016
Summary/Purpose: The purpose of the UM Identify Theft Protection Policy is to establish an
Identity Theft Prevention Program pursuant to the Federal Trade Commission?s
Red Flag Rules, which implements Section 114 of the Fair and Accurate Credit
Transactions Act of 2003 (FACT Act).
UM recognizes that some activities of the university are subject to the
provisions of the
Fair and Accurate Credit Transactions Act (FACT Act) 16 CFR § 681. Per the
Federal Trade Commission(FTC) definition, this activity could include
participation in the Federal Perkins Loan or Federal Family Education Loan
programs, as well as institutional loans to faculty, staff, or students, and
tuition payment plans. While UM may not participate in all these activities,
the university strives to protect all personally Identifyable Information (as
defined herein) and prevent identity theft, as required by the FTC Red Flag
Rules.
Policy Narrative: PDF File
People Affected:  FACULTY    STAFF    STUDENTS  
Keywords: IDENTITY THEFT
PREVENTION
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