Mandates of the Law/Requirements:
Georgia Identity Theft Law (July 1, 2002) -
The Georgia Identity Theft Law aims to protect businesses'
customers from the problems that can result from having personal
information fall into the wrong hands. Georgia businesses' face
fines up to $10,000.00 for the improper disposal of materials
that contain personal information about customers.
The Fair and Accurate Credit
Transactions Act of 2003 (FACT Act or FACTA, Pub.L.
108-159) is a United States federal law, passed by the United
States Congress on November 22, 2003, and signed by President
George W. Bush on December 4, 2003, as an amendment to the Fair
Credit Reporting Act. The act allows consumers to request and
obtain a free credit report once every twelve months. The act
also contains provisions to help reduce identity theft, such as
the ability for individuals to place alerts on their credit
histories if identity theft is suspected, or if deploying
overseas in the military, thereby making fraudulent applications
for credit more difficult. Further, it requires secure disposal
of consumer information.
Gramm-Leach-Bliley Act - requires companies
such as banks, brokers and underwriters, securities and
investment firms, mortgage and finance companies and non-bank
service finance firms to provide secure handling of records and
FERPA - Family Educational Right to Privacy
Act. (Buckley Amendment, as of 4/93)
Fair Credit Reporting Act - (FCRA), Enforced
by the Federal Trade Commission, is designed to promote accuracy
and ensure the privacy of the information.
Healthcare Insurance Portability and
Accountability Act - HIPPA, protects security and privacy of
private health information at human resources benefits
administration and medical offices, not to mention service
providers at hospitals, pharmacies, clinics and labs.
Securities Regulation - continues to be the
current authority on all of today's privacy issues.
International Organization for
Standardization ISO - This is the International Standards for
business, government and society.