The Internet is quietly revolutionizing the world. The task has been easy and quick, 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 this for academic projects in schools and colleges, and these applications are purely commercial versions. However, the case has been debated for the reader to enjoy the popularity of internet-based card booking applications.
Coming to the main point, online ticket booking systems and hotel reservation systems often require the possibility to pay money online, which is called the transfer of the common human language. These websites use third-party plugins through APIs, which integrate a database database with a so-called payment gateway software with computer systems and servers in the bank.
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 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 there may be security breaches in your bank transfer system, there may be security deficiencies on the hotel or 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 very 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.