Summer is nearing, and with it, much-anticipated holidays. Many people take advantage of their time off to go on a trip or getaway, or to do special activities. This results in an increase in flight and hotel bookings as well as reservations or ticket purchases for other activities, shows, museums and tourist attractions.
Data shows that an increasingly higher percentage of these reservations are made using a mobile device. But the increase in the number of online transactions made using a mobile device brings with it an increase in fraud committed during this time of year. For that reason, even though many businesses have already incorporated systems to avoid identity fraud, for many others it is still a pending matter.
What to keep in mind if you own a business