Geopolitics Magazine September - October 2016 | Page 55

Here are the top five : Identity theft leading to credit card fraud
Protecting our own identity is more at risk now than ever before . Credit card fraud is the biggest threat we are currently facing . Criminals from all over the world try to hack into hotel networks in an attempt to steal guest identities , including credit card details . They are not just targeting one individual , but thousands of cardholders at the same time . Identity theft and credit card fraud is the new form of pick pocketing , but on a much larger scale . The number of compromised credit cards is expected to increase .
Silent invasions – Cyber-crime attacks
Cyber-crime shows up on the security radar as the second highest risk the hotel industry is exposed to . Hotels have to deal constantly with social engineering attacks such as phishing and now also with APT ’ s ( Advanced Persistent Threats ). Worldwide , APT ’ S are considered the most dangerous type of cyberattack as they simply bypass the defenses that are in place . This applies to the hotel network , but also to the guest WIFI . Hotel WIFI-networks are notorious for their lack of security and therefore provide an open door for hackers and puts data from guests at a high risk .
That this is a serious problem is shown by the fact that the insurance industry is now offering the first cyber-crime insurance deals . Barely a day goes by without some form of data breach being reported in the media . For example , a survey released mid 2013 by McAfee found 45 % of the surveyed small to medium size business had been the target of an electronic attack . This is now potentially one of the biggest threat your hotel faces .
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