Month: July 2019

Travel firms warned to take steps to prevent employee fraud

All travel businesses are vulnerable to fraud committed by their own staff and need to take steps to prevent it, the counter fraud campaign 2019 has warned. Employee fraud has come under the spotlight this week in part three of a 10-week email awareness campaign being sent out to travel anti-fraud group Profit’s membership organisations […]

Know your suppliers, warns travel counter fraud campaign

Checking and knowing the companies you work with means your own firm is less exposed to potential fraud risks, according to the latest instalment of the Counter Fraud Campaign 2019. The email campaign, which includes free tips on fraud awareness and prevention, is being run by travel anti-fraud group Profit in conjunction with the Fraud […]

New online rules risk massive loss of business

Amadeus has warned new EU anti-fraud rules risk “massive loss of business” for online retailers despite the UK regulator’s decision to delay enforcement. An EU requirement for Strong Customer Authentication (SCA) on e-commerce payments over £30 means card issuers could decline transactions without two-factor authentication from September 14. Jean-Christophe Lacour, Amadeus head of merchant services, […]

Marriott to be fined £99m for massive data breach

Hotel giant Marriott International is to be fined £99m following a massive data breach which came to light last year. The Information Commissioner’s Office (ICO) said the personal information of 339 million customers was compromised and today issued a notice of its intention to fine the US hotel group. It comes just days after the […]

Crime agencies ask trade to share details of fraud

Fraud prevention agencies have combined forces to study the extent of the issue in the travel industry and are asking the trade to help with research. Prevention of Fraud in Travel (PROFiT), Fraud Intelligence Network (FIN), City of London Police and National Fraud Intelligence Bureau (NFIB) are carrying out a case study on payment fraud. […]