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Travel companies highlight revenue loss as biggest concern in online fraud

02/16/2012| 9:39:26 AM| 中文

More than 50% of the travel sector cites revenue loss as the biggest threat to business in online fraud according to a new report.

More than 50% of the travel sector cites revenue loss as the biggest threat to business in online fraud according to a new report.

After revenue loss travel companies say turning away good customers for fear of fraud and trying to detect fraud were the biggest threats.

Other sectors in the CyberSource 2012 UK Online Fraud Report such as physical goods retailers and digital goods retailers say turning away good customers and spending too much time manually reviewing orders are the biggest threats to their business respectively.

Read full story at:  http://www.tnooz.com/2012/01/24/news/travel-companies-highlight-revenue-loss-as-biggest-concern-in-online-fraud/

TAGS: online fraud | online transaction
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