For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
   COVERED ACCOUNT. An account that the Town of Biltmore Forest offers or maintains, primarily for personal, family, or household purposes, that involves or is designed to permit multiple payments or transactions and any other account that the Town of Biltmore Forest offers or maintains for which there is a reasonably foreseeable risk to customers or the safety and soundness of the Town of Biltmore Forest from identity theft, including financial, operational, compliance, reputation, or litigation risks.
   IDENTITY THEFT. A fraud committed or attempted using the identifying information of another person without authority.
   RED FLAG. A pattern, practice, or specific activity that indicates the possible existence of identity theft. Section 50.47 provides a specific description of which red flags are applicable to this policy.
(2013 Code, § 18-67.1)