GSA Global have been working with Island to create a solution designed specifically to prevent Account Takeover (ATO) fraud within the retail hospitality sector.
The retail hospitality sector has been plagued in recent years by Account Takeover (ATO) fraud whereby attackers are taking over their On-Line Travel Agent platforms accounts. This enables a variety of frauds and scams to be perpetrated against both hotels and their clientele. It is estimated that ATO fraud may be costing the industry hundreds of millions of dollars globally in lost revenue and inventory. It is also damaging the reputation of individual hotels, hotel groups and the sector generally.
Key discussion points:
- Understanding the impact of Account Takeover (ATO) fraud on hospitality
- How can an organisation respond and build capabilities?
- Understanding the features and benefits of a solution in preventing ATO fraud
- What is the additional business value that can be derived from such capability
- Why this is an increasingly important topic.
Speakers
- Spencer Mott, Managing Director of Account Takeover Prevention – Travel, Hospitality and Retail, GSA Global
- Mark Read, IT Director, Firmdale Hotels PLC
- Stevan Bias, Business Information Security Officer of FinTech, Booking.com
- James Savory, Island
