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Travel fraud on the rise

The value of e-commerce has exploded in recent years, but this rise is matched by the evolution of fraud techniques targeted at e-commerce platforms, threatening profits and undermining the customer experience.

According to the Fraud Attack Index released by Forter, land travel and accommodation has seen a 19% increase in the level of fraud, showing a lack of preparedness among merchants for this emerging threat.

In addition to this, the bi-annual Fraud Attack Index highlights the different methods fraudsters are relying on such as: Policy Abuse (up 170%), Account Takeover (up 45%), and Returns Abuse (down 90%), providing valuable intelligence for merchants looking to protect their businesses and their customers in a rapidly changing environment.

News Editor - TravelDailyNews Media Network | + Posts

Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.

She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.

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