Identity Theft Prevention

How Deluxe Responds

Identity theft legislation and the "Red Flags Rule" is the industry response to the increase of identity thefts. Deluxe developed its Identity Theft Prevention Program based on the needs of the customer segments we support.

Financial Institutions

Deluxe is committed to having and maintaining appropriate policies and procedures regarding security and identity theft prevention for the services we provide. Deluxe developed its written program based on industry requirements.

Small Businesses

Deluxe is committed to having and maintaining procedures to detect, prevent, and mitigate identity theft for our business customers who have been issued credit. Deluxe provides appropriate safeguards on the information it collects from small business customers.

Individuals

While Deluxe does not issue credit to individuals in our check-printing process, we are committed to ensuring we have internal processes for sharing information regarding fraud and identity theft. Deluxe provides appropriate safeguards on the information it collects from individuals as outlined in our privacy policy.

As a trusted partner and service provider in the financial services industry, Deluxe is prepared to navigate these changes.l

Deluxe Identity Theft Prevention Program

Following are some of the steps Deluxe took during the development of its formalized program:

  • Conducted internal assessment of key elements of the regulations and guidelines
  • Identified scope of our requirements based on the customer segments we support
  • Identified business processes and risk assessment categories relevant to the activities we perform for financial institutions and customers
  • Completed assessment of identified risk factors based on industry requirements
  • Documented our internal program
  • Coordinated approval by senior management and our Board of Directors
  • Defined ongoing maintenance and administration accountabilities
  • Established an Identity Theft Prevention Program Office to facilitate internal and external communication on the program.