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Cybersecurity Threats Growing In Travel & Transportation Industries: IBM

The travel industry and its customers are increasingly the targets of cyberattacks as criminals seek to monetise highly valuable travel data, but despite the warnings travelers are “still blind to the risks they face on the road,” according to latest research on the subject from IBM Security.

A new survey conducted by Morning Consult on behalf of IBM Security reveals that travelers are still blind to the risks they face on the road. The survey found that only 40% of respondents believed it was likely they would be targeted for cybercrime while traveling, yet 70% are engaging in high-risk behaviors while on the road.

Attacks in the travel and transportation industry are becoming more frequent, opening already unwary travelers to cybersecurity threats during their journeys. According to the 2019 IBM X-Force Threat Intelligence Index, the transportation industry has become a priority target for cybercriminals as the second-most attacked industry—up from tenth in 2017— attracting 13% of observed attacks. Since January 2018, 566 million records from the travel and transportation industry have been leaked or compromised in publicly reported breaches.

“Traveling has always been when people are more vulnerable. A few hundred years ago, the perpetrators were pirates or highwaymen. Now those criminals are still out there, but they’ve changed their methods to focus on digital attacks instead,” said Caleb Barlow, Vice President of X-Force Threat Intelligence at IBM Security.

“People carry a goldmine of data when traveling including passports, payment information and detailed travel itineraries. When placed in the hands of a cybercriminal, all of this information can be patched together into a complete picture of the traveller’s life to inform identity theft, initiate spear phishing attacks, or be sold on the dark web.”

The survey on behalf of IBM Security was conducted to understand exactly how much risk travelers expose themselves to while away from home, and found travelers engage in high-risk behaviors while traveling. More than 70% of surveyed have connected to public Wi-Fi, charged a device using a public USB station, or enabled auto-connect on their devices which puts their information at risk.

And it is the business travelers who are even more likely to engage in risky behaviors. Nearly half (45%) of business travelers carry a device with valuable or sensitive information on it, yet business travelers admitted much more frequently to risky behaviors.

Around 42% of businesses travelers connect to public Wi-Fi compared to 34% for personal travelers do this every time or very often. Slightly less 40% of business travelers do this every time or very often versus 28% of personal travelers do this every time or very often. Around 39% of business travelers enable auto-connect on their devices versus 30% of personal travelers do this every time or very often.

The survey also highlights that travelers are acutely aware of the risks to their financial information with more than half of those surveyed saying that they are extremely or very concerned that their credit card (53%) or other sensitive digital information (52%) will get stolen when travelling. That number drops significantly when they are not travelling, with only 40% similarly concerned that financial information will be stolen at home and 41% that their digital information will be stolen at home.

Digital Guardrails for a Safer Trip

As travel seasons begins, it is important for travelers and travel and transportation companies to understand the threats facing them and take precautions to help protect their sensitive data.

Cybercriminals are drawn to the travel industry because of the wealth of data it holds and the economic value it drives.

Travel is a profitable industry, with travelers spending $1.1 trillion in 2018 and supporting 15.7 million jobs in the U.S alone. Remaining unaware about cyber travel risk means giving financially motivated hackers plenty of individual targets for their attacks.

The report also highlights the importance for travelers and travel and transportation companies to understand the threats that are facing them and take precautions to help protect any sensitive data as Cybercriminals are increasingly drawn to the travel industry because of the wealth of data it holds and the economic value it drives.

Some digital safety tips for travelers include:  

Monitor Loyalty Rewards: Your loyalty information and rewards are as good as cash to cybercriminals. Monitor accounts for unusual activity, use strong passwords, set up multifactor authentication where possible.

Choose Your Wi-Fi With Care: It’s easy for cybercriminals to host Wi-Fi networks in public places to collect data such as credit card information and more. Even legitimate networks hosted by establishments can be open to digital eavesdropping. Avoid public networks if you can; and consider using a VPN for additional security.

Bring A Backup Battery: Free USB power charging stations may come with a cost you can’t see. Cybercriminals can modify USB connections to download data from your phone or install malware without your knowledge. Instead, bring your own battery bank to recharge your phone when you’re low or use traditional wall plugs instead of USB ports.

Turn Off Unneeded Connectivity: If you don’t need it, turn it off. This includes Wi-Fi, Bluetooth, and auto-connecting to networks.

Shred Your Tickets: The little scraps of paper from your tickets, boarding pass, luggage tag, or hotel folio may seem useless and harmless after you complete your trip, but savvy criminals can gather a lot of information about your loyalty rewards program from them. Be sure to save them until you can destroy them appropriately by shredding.

Be Smart When Paying: Don’t use your debit card at stores or restaurants that may not have the security to protect their point-of-sale systems. If you use an ATM, select one inside a bank branch or inside an airport, where the chance of tampering or skimmers on the ATM is reduced.

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