Many travel agencies work in an online landscape regarding booking and payment transfer, and criminals use various techniques to inflict data breaches and transactional losses. The travel industry often falls victim to criminal attacks who use fake IDs and travel; abroad for illegal activities. It may harm the agency's reputation and lead to potentially heavy losses.
To counter this, electronic verification of identity (eIDV) is used to unmask fraudsters who use fake IDs to victimize agencies and travel consumers alike. Many cyber hackers use companies' names and offer fake holiday packages to fool travelers. It creates complexities for travel companies to be unreliable. Here´s a look at how this happens and how eIDV can overcome it.
Read more in Tripatini contributor Sharon D´s post Reducing Travel Fraud with Electronic Identity Verification Service.
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