Ohio Admin. Code 3362-4-49 - Identity theftred flags

(A) Purpose

(1) The purpose of this policy is to assure Shawnee state university's compliance with the federal trade commission's (FTC) " red flag rules" flags rule in the detection, prevention, and mitigation of identity theft in connection with the opening of a covered account or transactions involving an existing covered account.

(2) The university will monitor university operations and adopt appropriate procedures as required for compliance with applicable "red flag rules." the red flags rule.

(B) Responsibility for monitoring, developing, and implementing red flag flags rule requirements lies with the vice president for finance and administration or the vice president's designated program administrator. The program administrator will be responsible for:

(1) Determining the appropriate steps to prevent and mitigate identity theft related to covered accounts in particular circumstances.

(2) Implementing and promulgating periodic changes to the "red flag rules" program to address new or revised university operations.

Notes

Ohio Admin. Code 3362-4-49

Effective: 1/23/2023
Promulgated Under: 111.15
Statutory Authority: 111.15
Rule Amplifies: 3362.03
Prior Effective Dates: 10/02/2009, 01/26/2015, 01/23/2023