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SPRINT ANNOUNCES FIRST PHONE-FRAUD LIABILITY PROTECTION PROGRAM

 SPRINT ANNOUNCES FIRST PHONE-FRAUD LIABILITY PROTECTION PROGRAM
 KANSAS CITY, Mo., March 31 /PRNewswire/ -- Sprint (NYSE: FON) today announced SprintGUARD Plus, the first program where a telecommunications company will share phone-fraud liability with its customers. This unique program is an expansion of Sprint's already aggressive program to fight this estimated $1 billion annual problem for U.S. businesses.
 SprintGUARD Plus is a global security product for Sprint's International Ultra WATS, International VPN and International Clarity (private line) services. It includes security services to identify and monitor potential fraud sources and a shared liability contract with Sprint to minimize potential losses for its customers.
 SprintGUARD Plus is now available to businesses which commit to purchase at least two years of Sprint voice service at a rate of $30,000 or more per month and which follow Sprint's guidelines to minimize fraud.
 "With SprintGUARD Plus, we're putting our network and our resources on the line," said Dave Dorman, president of Sprint's Major Accounts Group. "If we can't act in advance to help minimize our customers' losses, we'll help absorb them."
 SprintGUARD Plus offers five advantages over other telephone fraud services:
 -- Covers losses over $25,000 with a maximum liability not to
 exceed $1 million per year per telephone switch or Private
 Branch EXchange (PBX).
 -- Details fraudulent calls made at the time of Sprint's
 detection. Within five days it compiles a historical call
 detail report from the time of last invoice.
 -- Analyzes daily usage and notifies customers of any abnormal
 traffic patterns.
 -- Provides a dedicated security expert to assist customers
 during the time of "active fraud."
 -- Publishes bulletins with the most up-to-date information on
 communications fraud and prevention methods.
 SprintGUARD Plus is priced per PBX, with a $100 activation fee ($5,000 maximum) and a $100 monthly charge ($5,000 maximum).
 SprintGUARD Plus is an enhancement of Sprint's original fraud-prevention program, now known as SprintGUARD, which provides a package of basic security measures.
 Sprint is a diversified international telecommunications company with $8.8 billion in annual revenues and the United States' only nationwide all-digital, fiber-optic network. Its divisions provide global long distance voice, data and video products and services, and local telephone services to more than 4 million subscriber lines in 17 states.
 -0- 3/31/92
 /NOTE: SprintGUARD Plus is a service mark./
 /CONTACT: Janis Langley, 202-828-7427 or, after hours, 703-533-3322; or Vince Hovanec, 202-828-7423 or, after hours, 202-387-1496, both of Sprint/
 (FON) CO: Sprint ST: Missouri IN: TLS SU: PDT


TW -- DC012 -- 3361 03/31/92 11:04 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 31, 1992
Words:417
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