The Internet has revolutionized the world. The task has been easy and fast, making us very dependent on almost every aspect of our lives. One of the first revolutions occurred in the banking industry, followed by card booking services, after the US military announced the ARPANET project and universities and companies could take advantage of this wonderful technology.
Interestingly, computers and programming nerves create primitive web-based card reservation systems with the Java language, which many consider the Internet a language. They do it for academic projects in schools and colleges, and these applications are purely commercial versions. However, the case has been debated for the popularity of web-based card booking applications.
Coming to the main point, online ticket booking and hotel reservation systems often require the possibility to pay money online, which is transferred into the language of ordinary humans. These websites use third-party plugins through APIs that integrate their website with the bank & # 39; s databases through a defined network device called gateway software paid for with computer systems and servers.
In general, these payment gateways are highly secure environments that use Secured Socket Layer or SSL algorithms, which can be either 64-bit or 128-bit encryption algorithms, depending on compliance. 128-bit SSL algorithms are the most widely used publicly-owned algorithms for securing funds transfer environments and encrypting sensitive information by common standards, which is very difficult.
The problem, or rather, the gaps are with the internal storage mechanisms used by third party card booking websites. Sometimes, to reduce the cost of maintaining high security standards, these websites do not take adequate measures to ensure that payment information is secure on their servers. Likewise, their server or database administrators may not have sufficient skills to ensure that strict security measures are deployed.
While security breaches may not occur in any of your bank transfer systems, there may be security deficiencies in the hotel or on the airline’s website. If their servers are hacked and the data is properly removed by any hacker expert, all the details of the financial transaction, including your credit card details, will be in front of the hacker.
The hacker may download or copy the information to another system on his system and have authorized unauthorized transactions and fund transfers. Even though banks use such double-layered verification methods to mitigate such fraud, the process is highly evidence-based.
So think twice before relying on a third party hotel and card booking service. Even the best hotel service providers are being harmed by cyber experts for such attacks, and they do very little to link the barriers on their systems and servers.