San Diego, CA. - The American National Standards
Institute (ANSI) and the Better Business Bureau (BBB)
have announced today a new cross-sector, market-wide
initiative to substantively advance marketplace
mechanisms to minimize identity theft and fraud - the
Identity Theft Prevention and Identity Management
Standards Panel (IDSP).
Joining ANSI and BBB in this effort are nine leading
corporations who each have committed a sizable
sponsorship to underwrite the initial costs of the
Panel. These nine Founding Partners are: AT&T, Citi,
ChoicePoint, Dell Inc., Intersections Inc., Microsoft,
Staples, Inc., TransUnion and Visa U.S.A.
The nonprofit, San Diego based Institute of Consumer
Financial Education (ICFE) has been invited to join the
IDSP. The IDSP is designed to bring together the
spectrum of standards and guidelines germane to ID Theft
& Fraud Prevention and ID Management that exist across
industries and sectors into a single resource,
accessible to businesses of all sizes and types. As part
of this process, the Panel will also identify standards
that need updating and/or gaps where new standards work
should be done.
The ICFE is the first organization to make available a
nationally recognized certification program known as the
ICFE Certified Identity Theft Risk Management
Specialist(TM) (CITRMS). The new curriculum has already
been accepted for 30 continuing education credits for
Certified Financial Planners (CFP) by the CFP Board of
Standards and Practices and 30 PACE credits in
conjunction with the American College and the Society of
Financial Service Professionals for Chartered Financial
Consultants (ChFCs) and Chartered Life Underwriters (CLUs)
continuing education requirements. The International
Association of Registered Financial Consultants also
accepts the CITRMS program for 30 CEUs for its Registered
Financial Consultants (RFCs).
The IDSP has two main charges: First, it will endeavor
to identify and catalogue in one place any existing,
broadly-applicable identity theft and fraud prevention
standards and guidelines. Second, it will identify areas
where updated or new standards are needed. The panel's
recommendations for revised or additional standards
shall serve as a call to action for further work by the
standards development community.
Comprised of a wide range of stakeholders, the Panel
will develop a comprehensive resource of standards and
guidelines that businesses and other organizations can
use to prevent and respond to identity theft and fraud.
The Panel will engage the broadest possible
participation of all affected parties to select the
specifications and best Practices most applicable to
combat identity fraud; it is being organized so that it
shall not be disproportionately dependent upon any
single organization or stakeholder group.
For more information contact:
Director, Consumer Relations and Public Policy
American National Standards Institute
25 West 43rd Street, Fourth Floor
New York, NY 10036
About the ICFE:
The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation). The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely.
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.
The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org). CASDRAP disbanded in 2010, shortly after the web site project was completed. In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.
The ICFE is also an on-line help for consumers who spend too much. ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.
Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org. Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G, a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.