In 2007, several federal agencies including the Federal Deposit Insurance Corporation and the Federal Trade Commission, passed Red Flag Regulations and Guidelines which require financial institutions or creditors to develop and implement a written Identity Theft Prevention program. 

The purpose of the initiative is to detect, prevent, and mitigate identity theft in connection with the opening of certain accounts or existing accounts.  This legislation does apply to higher education institutions including student and employee information.

In response to the law, AACC has an identity Theft Prevention Policy that has been distributed to all campus departments.  Also, we have a committee that meets regularly. The purpose of this team is to maintain efforts to keep personal information safe from identity theft.