Tourism sees greatest YoY jump in fraud cases, credit card most popular fraud these days

Fraud detection and prevention company mFilterIt released its study of top frauds in travel industry. Amit Relan, its Director & Co-Founder, says, “According to some reports, credit card fraud is the most popular form of fraud these days, in which a client uses a fake or stolen credit card to make a transaction, resulting in a chargeback to the site. Customers must be made aware of such rising fraudulent activities taking place in the travel sector and keep themselves at bay when planning their future travels, also reporting these fraud websites to the concerned authorities. We hope our study will help in spreading the awareness on this topical subject.”