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FTC’s Red Flags enforcement deadline extension is helping many institutions

We at Experian have been conducting a survey of visitors to our Red Flag guidelines microsite (www.experian.com/redflags).

Some initial findings show that approximately 40 percent of those surveyed were “ready” by the original November 1, 2008 deadline.  However, nearly 50 percent of the respondents found the Identity Theft Red Flag deadline extension(s) helpful.

For those of you that have not taken the survey, please do so.  We welcome your feedback.