Fergie's Tech Blog

Credit Card Fraud at One-in-Five Airlines

Stephen Rogers writes on the Irish Examiner:

Airline staff have stolen passengers’ identity and ripped-off their credit card details up to 20% of international airlines have admitted in a survey.

According to the ‘Airline Fraud Survey 2006’ by the Deloitte and the International Association of Airline Internal Auditors, the annual cost of fraud to the airline industry every year is $600 million (€440m) with an average of 446 cases per airline. Of those surveyed, 79% of carriers admitting they had experienced fraud in the last 12 months.

posted by Fergie @ 4/25/2007 05:37:00 PM