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UTILTY BOARD APPROVES IDENTITY THEFT PRVENTION PROGRAM

10/23/2008 ~ The Utility Board approved the implementation of an Identity Theft Prevention Program, to be in compliance with Section 114 of the Fair and Accurate Transactions Act of 2003 (FACT Act), at their regularly scheduled meeting on Wednesday, October 22nd.

The FACT Act was signed into law on December 4, 2003, by the Federal Trade Commission and amends the Fair Credit Reporting Act of 1970 in an attempt to improve the accuracy of consumer reports and to help prevent identity theft. Utilities were included in the FACT Act in November 2007 and were given one-year to become compliant.

Section 114 of the FACT Act requires utilities to develop and implement a written Identity Theft Prevention Program to detect, prevent, and mitigate identity theft in connection with the opening of customer accounts.

A Keys Energy Servicesí Privacy Committee has been established to create and administer the program in addition to reviewing practices to ensure continued compliance with internal policies.

The regular meeting of the Utility Board took place at 5:00 p.m., Wednesday, October 22nd, in the Louis Carbonell Board Room of the William Arnold Service Building, 1001 James Street, Key West.

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