Posts Tagged International Air Transport Association
Fraudsters steal $1.4 Billion from Airlines
Posted by brianfpennington in brian pennington on 24/05/2011
CyberSource Corporation’s survey found that while airlines are gaining in their war against fraud, much work remains to be done. Airlines reported a loss of about $1.4 billion USD to online payment fraud in 2010. Dr. Akif Khan, CyberSource’s Director, Products and Services said: “The good news is that in terms of fraud loss rates, 2010 results […]
Brian Pennington
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