IT Examiner School, Providence, RI

Identity Theft • Identity theft is a fraud committed or attempted by using the identifying information of another person without his or her authority. • As more financial transactions are conducted electronically and remotely, and as more sensitive information is stored in electronic form, the opportunities for identity theft have increased significantly. • Despite, generally strong controls and practices by financial institutions, methods for stealing personal data and committing fraud with that data are continuously evolving.

Identity Theft Regulation

• Appendix J to Part 222 - Interagency Guidelines on Identity Theft Detection, Prevention, and Mitigation (FRB) • Appendix J to Part 334 - Interagency Guidelines on Identity Theft Detection, Prevention, and Mitigation (FDIC)