CreditDonkey.com, a credit-card comparison site, says this figure outnumbers the incidents of credit card fraud at restaurants/bars (13%), retail stores (14.2%), and the financial sector (19%).
In just one example from its new report, CreditDonkey shows how pervasive — and expensive — the problem is for hotel guests. In one three month long hacking incident, credit card information was stolen from 700 hotel guests, resulting in losses averaging from $2,000 to $3,000 per credit card account.
Charles Tran, founder of CreditDonkey, says it’s “foolish” to think our electronic data is safe.
“It is not,” says Tran.
He adds that hotel guests “must assume that all of our electronic personal information may be compromised, because that is in fact the case. This means we must be diligent about regularly checking our accounts and credit reports, just as we are about checking our windows and doors before going to bed at night.”
Lack of Security Upgrades
As shown in the CreditDonkey infographic below, one of the main reasons hotel guests have become prime hacking targets is due to some hotel chains not investing in necessary security upgrades.
Indeed, staying at a nice hotel with good security does not guarantee that your financial information will be safe from hackers. As we’ve noted in the past, there are several things you can do to protect your identity while traveling.
Check out the whole infographic to learn other ways to keep your accounts safe from theft.