This program will be periodically reviewed and updated to reflect changes in risks to customers and the soundness of the utility from identity theft. At least once per year, the Program Administrator will consider the utility’s experiences with identity theft situation, changes in identity theft methods, changes in identity theft detection and prevention methods, changes in types of accounts the utility maintains, and changes in the utility’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 present the Board of Aldermen with his or her recommended changes and the Board of Aldermen of the city will make a determination of whether to accept, modify, or reject those changes to the program.
(Ord. passed - -)