The findings showed a 120% increase in fraud activity from consumers in regards to holidays, which RSM claimed was a result of an increase in demand for holidays.
Despite a significant increase in risk, the number of businesses that think they are likely to fall victim has fallen. According to RSM’s The Real Economy report, more than a quarter (27%) of middle-market businesses, including those in the travel industry, have experienced a cyber-attack in the past year, up from one in five (20%) last year.