Red Flag Rule
The Red Flags Rule determines how financial institutions and creditors must create and administer their Identity Theft Prevention Programs. This is accomplished through four required program elements: identifying relevant red flags, detecting red flags, preventing and mitigating damage from identity theft, and maintaining the program. This allows institutions to create their own programs that will match their specific needs and size.
The term "red flag" refers to any suspicious activity, data, or alerts that data may be compromised. By establishing these ground rules, the Red Flags Rule helps the University make sure that data we collect is trustworthy and that it is kept secure.
The University of Alaska is dedicated to preventing identity theft, and so, has developed a program according to the Red Flags Rule which is tailored to the unique needs of the University.