Cybersecurity in Travel and Tourism
Introduction
Recently, tourism and travel companies have increasingly come under the crosshairs of hackers and cybercriminals who seek to exploit data security vulnerabilities. Data breaches have become commonplace in the travel and tourism industry these days. In one case, the British Airways suffered a major cyber security breach when they hacked systems and managed to steal personal information and related financial data with over 380,000 cards. Hackers are believed to have breached the security codes associated with card payments using a cybersecurity flaw during payment authorization.
Global revenue from cybersecurity in the travel industry was $1.4 billion in 2021. The travel and tourism industry is increasingly digitized and includes new technologies such as artificial intelligence (AI), the Internet of Things (IoT) and the cloud.
The travel industry holds extremely valuable and sensitive data about each traveler. If these data points are not well protected, customers are at significant risk of having their data stolen. Several major companies in the sector have made negative headlines due to poor cyber security….
