Global action against online air ticket fraudsters
On 16 and 17 June an international law enforcement operation against airline fraudsters took place at 140 airports across the world, resulting in the detention and investigation of 130 individuals that were found in possession of airline tickets bought using stolen credit card details.
According to statistics the most rapid increase in fraudulent transactions on the Internet can be seen in those reported by the airline industry as a result of the fraudulent online purchases of flight tickets using compromised credit card data, often stolen through online data breaches. The airline industry faces huge losses as a result, estimated at EUR 1 billion, and innocent citizens are affected as their credit card data is misused.