Travolution to hold Cyber Summit as travel increasingly comes under attack

Travolution to hold Cyber Summit as travel increasingly comes under attack

As travel rebounds from the COVID-19 pandemic the sector has emerged as among the top target for criminals looking to take advantage of the sector’s cyber vulnerability.

Rising bookings, remote teams, fragmented technology and travel’s innate vulnerabilities are all contributing to a surge in attacks on the sector.

Plus there is a growing threat from international cyber attacks since Russia invaded Ukraine by state-sponsored criminals.

With finances severely damaged by the pandemic, travel firms cannot afford to become the either the direct or indirect victims of a malicious attack that could be avoided by the right measures and technology.

According to US analyst Phocuswright, saw digital fraud attempts rising 155.9% in the last year making it one of the most targeted sectors.

According to the 2019 IBM X-Force Threat Intelligence Index, the transportation industry is the second most-attached sector, up from seventh in 2017. 

The World Travel and Tourism Council has estimated that Cybercrime has cost the global economy $1 trillion and could reach $90 trillion by 2030. 

A report compiled with Microsoft found that 72% SMEs in the UK, the US, and Europe have suffered at least one cyber attack.

The half-day Travolution Cyber Summit will bring industry professionals and cyber and technology experts together to discuss the threat and what can be done to protect the sector. 

Our half-day event will feature presentations and panel discussions featuring leading experts in cyber and travel technology from hosts Deloitte and sponsors Babble and Forter to shed light and share best practice on this vital area.