News to Know

Airlines Must Protect Their Customers from Cyber Fraud – Or Face New Consequences
(SOURCE: PHOCUSWIRE)

Philippine Airlines recently faced a subtle yet very damaging cyber attack involving fake flight promotions. Rather than taking users to the airline’s official site, fraudulent ads lured users to an impersonated version that harvested credit card details. 

The airline was forced to warn customers that no such deal exists and that pursuing these false offers would put them at risk of identity theft and fraud. Unfortunately, this isn’t an isolated incident. United Kingdom-based Lloyds Bank warns that holiday purchase scams have risen by 7% over the past year, with victims losing an average of £765 (over $950). 

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