DENVER--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--Nov 16, 2004--At a recent Qwest summit on identity theft, a panel of experts revealed alarming statistics that showed teenagers are becoming the most highly-targeted age group for identity thieves.
''Young people under the age of 29 years old should be particularly vigilant about identity theft,'' Betsy Broder, assistant director of the Federal Trade Commission`s (FTC) Division of Planning and Information said at a recent summit on teen identity theft sponsored by Qwest Communications. ''Young people comprise an estimated 31 percent of all victims who reported they were victims of identity theft to the FTC in 2003.''
Broder noted that the first time many teenagers discover their identification has been stolen is when they apply for a driver`s license or credit and discover someone else has been using their name and Social Security number. This discovery can be an exceptionally traumatic experience for anyone, but particularly so for teenagers and young people.
''It feels like you have no control over your life,'' says Rhea Takara of San Diego, Calif., whose father stole her identity when she was 18 years old and forged her name on credit card receipts. ''Lots of people don`t even want to talk about it because the theft often involves someone they know. It was very hard for me to be betrayed by a parent.'' In fact, law enforcement officials said teens are frequently targets of identity theft by relatives, roommates, co-workers and other acquaintances.
Takara and Broder were on a panel of experts at the one-day Qwest summit in Denver devoted exclusively to the problem of educating teens about the threat of identity theft.
The first-of-its-kind summit brought together influential members from business, government, law enforcement, education and civic groups to identify the problems young people face with respect to identity theft and to begin developing initiatives to help protect them. Among the experts findings, summarized today in a report of the summit`s proceedings:
-- Create partnerships between public and private entities to focus on programs that protect teens from identity theft. They recommended that high schools and colleges incorporate identity theft workshops into their curriculums.
-- Develop strong links between law enforcement and government agencies to better combat teen identity fraud as well as stay attuned to technological advances designed to spot identity theft. Institutions such as businesses and schools need to establish better controls to guard sensitive personal information, according to the summit participants.
''Teens comprise approximately 20 percent of our customer base and we`re concerned that this age group is often overlooked by organizations that educate the public on identity theft,'' said David Heller, Qwest vice president of risk management and chief compliance officer. ''Qwest believes it`s crucial to educate and empower teens to take the necessary steps to reducing the incidence of identity theft.''
To learn more about the Summit`s findings and get tips on preventing the identity theft of teens please visit www.qwest.com/identitytheft and click on the Teen Summit button.
Qwest`s 2004 Summit on Preventing Identity Theft of Teens is but one part of the company`s overall program to protect consumers from fraud and identity theft. A Web site at www.highwayqwest.com/identitytheft, which includes a free teen video available for download, has been created to provide detailed information on identity theft especially for teens. In addition, Qwest joined forces with the Denver District Attorney`s Office to create a consumer education video, Identity Theft - Don`t Be a Victim. The free video is available to community organizations and can be ordered through www.qwest.com/identifytheft, a Web site created by Qwest as a user-friendly resource for consumers of all ages to educate themselves about all aspects of identity theft.
About Qwest
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services. With more than 40,000 employees, Qwest is committed to the ''Spirit of Service'' and providing world-class services that exceed customers` expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.
Forward Looking Statement Note
This release may contain projections and other forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by us with the Securities and Exchange Commission, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including but not limited to: access line losses due to increased competition, including from technology substitution of our access lines with wireless and cable alternatives; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the current investigation by the U.S. Attorney`s office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete including the likelihood of certain of our competitors emerging from bankruptcy court protection or otherwise reorganizing their capital structure and competing effectively against us; changes in demand for our products and services; acceleration of the deployment of advanced new services, such as broadband data, wireless and video services, which could require substantial expenditure of financial and other resources in excess of contemplated levels; higher than anticipated employee levels, capital expenditures and operating expenses; adverse changes in the regulatory or legislative environment affecting our business; and changes in the outcome of future events from the assumed outcome included in our significant accounting policies.
The information contained in this release is a statement of Qwest`s present intention, belief or expectation and is based upon, among other things, the existing regulatory environment, industry conditions, market conditions and prices, the economy in general and Qwest`s assumptions. Qwest may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in Qwest`s assumptions or otherwise. The cautionary statements contained or referred to in this release should be considered in connection with any subsequent written or oral forward-looking statements that Qwest or persons acting on its behalf may issue. This release may include analysts` estimates and other information prepared by third parties for which Qwest assumes no responsibility.
Qwest undertakes no obligation to review or confirm analysts` expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
By including any information in this release, Qwest does not necessarily acknowledge that disclosure of such information is required by applicable law or that the information is material.
The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries.
|