The Internet has revolutionized the world. It made getting things done quick and easy, which made us depend heavily on them in almost every aspect of our life. One of the first revolutions in the banking sector, followed by ticketing services, after the US military announced the ARPANET project to the public and allowed universities and companies to take advantage of this great technology.
Interestingly, programming and programming freaks create primitive ticket reservations systems on the Internet with Java, which many consider the Internet language. They do this for their academic projects in their schools and colleges, and these requests are not important in relation to commercial publications. However, the issue was discussed to make the reader realize the popularity of online ticket booking theses.
Now, upon reaching the main point, ticket and hotel reservation systems often offer the option to pay the required amount online, which is referred to as bank transfer in the common man's language. These websites use third-party plug-ins through APIs, which integrate their website database with the bank's computer systems and servers through a software-defined network device called a payment gateway.
In general, these push gateways are very secure environments that use Secure Sockets Layer [SSL] or Secure Sockets Layer [SSL] algorithms, which can be 64-bit or 128-bit encryption algorithms, depending on requirement. SSL 128-bit algorithms are the most secure algorithms that are deployed in the public domain with the aim of securing money transfer environments and encrypting sensitive information through a very safe process that is extremely difficult to break by current standards.
The problem, or rather, the gaps in internal data storage mechanisms that are posted by third-party ticket booking sites. Sometimes, to reduce the cost associated with maintaining high security standards, websites do not take this appropriate measure to ensure that payment information is safe on their servers. It may also be the fact that their server or database administrators do not have sufficient skills to ensure the deployment of strict security measures.
It may happen that although there is no security breach in part of your bank transfer system, there may be security holes in the hotel or the airline's website. If its servers are compromised and the data is appropriately extracted by any expert hacker, then the full details of the financial transaction, including your credit card details, will be in front of the hacker.
The hacker can simply download or copy the information to another system of its own and use it to make unauthorized transactions and money transfers. Although banks use double-layer verification methods to mitigate these frauds, the process is far from complete proof.
Thus, think twice before you trust a third-party ticket and ticketing service. Even the best hotel reservation service providers are vulnerable to such attacks by Internet experts and do very little to fill the gaps in their systems and servers.