HotelsMag January-February 2022 | Page 84

TECHNOLOGY

PROTECTING

CYBERSPACE

WITH RESEARCH SUGGESTING LEADERS ARE NOT AWARE OF EXPENDITURES TO STOP CYBERCRIME , HERE ARE SOME OF THE BLIND SPOTS THAT NEED ATTENTION .
By KATHAKALI NANDI

The pandemic-driven shift towards digital technologies coupled with the recovery of the hospitality industry has increased traffic to hospitality websites , opening up more avenues for hackers to launch malicious bots . As major hotel companies are no stranger to cyberattacks , work continues to keep attacks at bay .

According to a new report by Cornell University and FreedomPay , hospitality , restaurant and retail executives ’ perceptions of cybersecurity are not aligned with reality . As per the study , almost 31 % companies have reported a data breach in their company ’ s history , of which 89 % have been affected more than once in a year . The study also reveals that 35 % of the surveyed industry leaders do not know what percentage of their company ’ s budget is spent on cybersecurity .
THE RIGHT PROTECTION Most people don ’ t realize the
84 hotelsmag . com January / February 2022