Employees telecommuting from home for work is becoming a fact of life in the Internet age. Employers are embracing such arrangements, such that they now are beginning to reimburse employees for the Internet services they use at home for work purposes.
What is known as the Red Flag Rule was developed under the Fair and Accurate Credit Transactions (FACT) Act. The Red Flag Rule requires financial institutions and creditors with covered accounts to put in place identity theft prevention programs to identify, detect and respond to activities that could indicate identity theft.
Internet problems are not esoteric, theoretical issues in Cyberspace. Indeed, they can have real world implications.