Res 2008-137 - Laserfiche WebLink

Home Browse Search

CITY OF SAN MARCOS, TEXAS IDENTITY THEFT PREVENTION PROGRAM PROGRAM ADOPTION AND PURPOSE This Identity Theft Prevention Program ("Program") is adopted by City of San Marcos, Texas (the "City") pursuant to the Federal Trade Commission's Identity Theft Rules ("Rules"), which implement Section 114 of the Fair and Accurate Credit Transactions Act of 2003. 16 C.F.R. § 681.2. After consideration of the size and complexity of the City and the nature and scope of its residential electric, water, wastewater, drainage and garbage accounts, the San Marcos City Council determined that this Program was appropriate for the City and therefore approves this Program on October 21, 2008. Under the Rule, every financial institution and creditor is required to establish an "Identity Theft Prevention Program" tailored to its size, complexity and the nature of its operation. Each program must contain reasonable policies and procedures to identify relevant Red Flags for new and existing accounts and incorporate those Red Flags into the Program; detect Red Flags that have been incorporated into the Program; respond appropriately to any Red Flags that are detected to prevent and mitigate Identity Theft; and ensure the Program is updated periodically, to reflect changes in risks to customers or to the safety and soundness of the creditor from Identity Theft. DEFINITIONS A "covered account" is (1) any account (such as a utility account) the City offers or maintains primarily for personal, family or household purposes, that involves multiple payments or transactions; and (2) any other account the City offers or maintains for which there is a reasonably foreseeable risk to customers or to the safety and soundness of the City from Identity Theft. "Identifying information" is defined under the Rule as "any name or number that may be used, alone or in conjunction with any other information, to identify a specific person," including: name, address, telephone number, social security number, date of birth, government issued driver's license or identification number, alien registration number, government passport number, employer or taxpayer identification number, unique electronic identification number, computer's internet protocol address, or routing code. "Identity Theft" is "fraud committed using the identifying information of another person". The "Program Administrator" is the City's Utility Business Office Manager. A "Red Flag" is a pattern, practice, or specific activity that indicates the possible existence of Identity Theft. 0