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Breisach Addresses Red Flag Rules at FCBA Event

October 14, 2008

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Eric Breisach Addresses Red Flag Rules at FCBA Privacy Committee Meeting

Eric Breisach, a Telecommunications attorney in the firm's DC office, will speak on a panel at the FCBA Privacy & Data Security Committee's brown bag lunch meeting on Tuesday, October 14, 2008, from 12:15 – 1:30 p.m. at the Law Offices of Covington & Burling in Washington, D.C. to discuss the FTC's recently adopted "Red Flag Rules" pursuant to the Fair and Accurate Credit Transactions Act of 2003. Under these regulations, certain companies are required to adopt an Identity Theft Prevention Program on or before November 1, 2008. Companies subject to this rule include financial institutions and those that are considered "creditors." A creditor is any person who extends, renews, or continues credit, which is the right to defer payment for purchased products and services. Telecommunications and other companies that bill for services in arrears, i.e., defer payment or offer installment plans for services, customer premise equipment, or other equipment or facilities would be considered creditors.

Speakers include: Pavneet Singh, Bureau of Consumer Protection, Federal Trade Commission; Eric Breisach, Womble Carlyle Sandridge & Rice, PLLC; Michael Epshteyn, Covington & Burling and Steven Rich, Law offices of Paul Hastings. This panel of experts will discuss how to design a program that meets the new requirements. Please contact Linda Cicco at 703 - 755 - 6733 for further information.