Every year, millions and millions of people across the globe prepare to get away for some sun, sea and sand, booking travel through their favorite mobile apps. And it’s getting busier, with many airlines posting record numbers of flights over the summer. However, booking a holiday is not quite the happy experience for everyone.
Consumers are being tricked into sharing sensitive details with fraudsters; Booking.com announced it had seen a 500-900% increase in travel scams in the past 18 months – most conducted through social engineering. Banking firms are also seeing an uptick. Lloyds Bank highlighted that holiday purchase scams have spiked by 7% over the past year, with victims losing an average of £765.
