Study: Hotels a hot spot for credit card fraud

Hospitality industry targeted more than financial service companies

If you’re a hotel hopper, akin to George Clooney in “Up in the Air,” your credit card details may be in danger.

Hackers steal card data from the hospitality industry more than any other — even more than financial service companies — according to a study by Trustwave’s SpiderLabs, an information security company.

Out of the 218 data-breach investigations from 24 countries the company studied, 38 percent of the attacks occurred on hotels. And once the attack occurred, it took an average of 156 days for the business to realize it.

The crooks knew what they were after, too: 98 percent of targeted data was payment card information. Nicholas Percoco, senior vice president of Trustwave’s SpiderLabs, said that card information is constantly under fire because it’s the fastest way for thieves to grab real cash.

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Source – CreditCards.com