Fingerprint's analysis reveals travel and hospitality platforms lose $11 million annually due to fraud, advocating for session-level trust to combat it.
In Chicago, Fingerprint, a prominent provider of device intelligence, uncovered fresh details regarding fraud within the travel and hospitality sectors. Reports indicate that these industries collectively lose approximately $11 million each year due to fraudulent activities, with cyber attackers taking advantage of vulnerabilities related to identity, loyalty points, and payment systems. Fingerprint's research suggests a transition towards session-level trust as a solution, which involves detecting risks proactively and consistently throughout customer interactions. This strategic approach aims to enhance security measures and safeguard against fraudulent incidents effectively.
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