Introduction and Purpose

Identity thieves use personally identifiable information to open new accounts and misuse existing accounts, creating havoc for consumers and businesses. In response, the Federal Trade Commission published the Red Flags Rule. This rule requires financial institutions and creditors to implement a program to detect, prevent, and mitigate identity theft. Since Montana State University (MSU) regularly extends, renews, or continues credit, this rule applies. Pursuant to this rule and to prevent identity theft at MSU, its campuses collaboratively developed this program.

References: [BOR Policy 960.1; BOR Policy 1300.1; Section 114 of the Fair and Accurate Credit Transactions Act of 2003 (FACTA); Section 615(e) of the Fair Credit Reporting Act (FCRA); and the Federal Trade Commission CFR Parts 681.2 and 681.3; University of Montana Identity Theft Prevention Program]

Additional Documentation

  1. PCI Policy 246.1
  2. PCI Procedure 246.1
  3. PCI Best Practices for Credit Card Processes
  4. PCI Compliance Q & A
  5. PCI Training for MSU Billings
  6. Red Flag Training for MSU Billings