We were alerted to the fact that fraudsters have become much more sophisticated in researching companies online and employing social engineering tactics such as calling corporations to obtain specific details from internal personnel about their travel program. Targets of such calls could be anyone from the switchboard operator, to employees in key departments (which are often easily found online) to the corporate travel manager. They learn about corporate locations around the world, organizational protocols, culture, etc. as well as airline ticketing procedures and travel terminology. They then use the “company speak” and “travel speak” they’ve acquired to pass themselves off as employees and persuade real employees to unknowingly help them with their exploits.
Travel and Transport works closely with ARC and has protocols in place to deal with fraudulent activity. We actively educate our travel counselors on the strategies of fraudsters and how to identify red flags, however, it’s important to keep in mind that hackers and con artists constantly enhance their tactics to stay ahead of getting caught and will often directly target corporations first to obtain the information they need. Being vigilant and working together as a corporate travel community to ensure the identities of travelers, to verify the information they provide and to be mindful of the information we’re providing to them can go a long way to stopping fraud before it even starts.
by Mark Dauner for insights.travelandtransport.com