Responsibity for the ID Theft Prevention Policy
Answered by BOL Gurus Mary Beth Guard and Jack Holzknecht Bios
Question:Would a compliance officer or information security officer typically be responsible for the ID Theft Prevention Policy?
Answer: Overall responsibility for the Program rests with the board of directors, an appropriate committee thereof, or a designated employee at the level of senior management. One of the responsibilities of this group is to assign specific responsibility for the Program's implementation. This assignment could be given to any of the parties mentioned in your question or to a committee composed of all of these individuals. Where it will be assigned within a particular organization will undoubtedly be influenced by background, expertise, workload, and other factors.
BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.