This program will be periodically reviewed and updated to reflect changes in risks to customers and the security of village accounts. On an annual basis, the Program Administrator will consider the village’s experiences with identity theft prevention, changes in identity theft methods, changes in identity theft detection and prevention methods, changes in types of accounts the village maintains, and changes in the village’s business arrangements with other entities. After considering these factors, the Program Administrator will determine whether changes to the program, including the listing of red flags, are warranted. If warranted, the Program Administrator will update the program or present recommended program changes to the Board of Trustees, which will make a determination of whether to accept, modify, or reject such changes.
(Res. 09-R-1, passed 4-21-2009)