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Your Passport to Security: Protecting Mobile Brands from Travel Fraud

Your Passport to Security: Protecting Mobile Brands from Travel Fraud

Every year, millions and millions of people around the world prepare for a trip to the sun, sea and sand, booking trips through their favorite mobile apps. And it’s getting busier, with many airlines booking record numbers of flights this summer. However, booking a holiday is not a pleasant experience for everyone.

Consumers are tricked into sharing sensitive data with fraudsters; Booking.com revealed that it had seen a 500 to 900% increase in travel fraud over the past 18 months, most of which was carried out through social engineering. Banking companies are also seeing an upturn. Lloyds Bank highlighted that holiday shopping fraud has risen by 7% in the past year, with victims losing an average of £765.