The travel and hospitality industry faces significant financial risks from online fraud and cyber attacks, such as booking fraud, account takeovers, and data breaches. Recent attacks such as the Marriott International data breach and the Carnival Corporation ransomware incident highlight the severity of these threats.
According to the DataDome Bot Security Report 2023, a staggering 91% of travel websites are not protected against simple bot attacks. Businesses in this sector must understand the cost implications of bot-driven cybersecurity threats and the return on investment (ROI) of implementing an online fraud solution.
The Financial Impact of Cyber Threats & Fraud
Cybercriminals can do a lot of damage on their own. Cybercriminals…