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Your financial data may be at risk if you've stayed at these hotel, casino chains

The global average cost of a data breach is $3.62 million, according to IBM

Your financial data may be at risk if you've stayed at these hotel, casino chains

The global average cost of a data breach is $3.62 million, according to IBM

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Your financial data may be at risk if you've stayed at these hotel, casino chains

The global average cost of a data breach is $3.62 million, according to IBM

The Hard Rock Hotel & Casino franchise was hit by a data breach from August 10, 2016 to March 9, 2017, according to a statement last week.Southlake, Texas-based Sabre Hospitality provides the chain's payment systems, which were infiltrated at 11 Hard Rock locations - Biloxi, Cancun, Chicago, Las Vegas, Palm Springs, Panama Megapolis, Punta Cana, Rivera Maya, San Diego, Vallarta and Goa."The brand was recently notified of a security incident through third-party hotel reservation system – the Sabre Hospitality Solutions SynXis," the Orlando-based hotel chain said. "An unauthorized party gained access to account credentials that permitted access to unencrypted payment card information, as well as certain reservation information, for a subset of hotel reservations processed through the reservation system."SynXis is utilized by more than 36,000 properties, according to its site. "Not all reservations that were viewed included the payment card security code, as a large percentage of bookings were made without a security code being provided," Sabre said in a statement last week. "Personal information such as social security, passport or driver's license number was not accessed."Last summer, Hard Rock Hotel & Casino Las Vegas was hit by a similar breach that accessed guests' names and payment card information, including expiration dates, account numbers and three-digit verification codes. Luxury hotel chain Loews also reportedly fell victim to the Sabre Hospitality breach. The New York City-based company operates 24 sites across the U.S. and Canada, but it's unclear which locations were affected.Cybercrime is a growing problem - in 2015, research revealed that more than $315 billion had been lost by businesses around the world during the past year, highlighting a greater need for stronger digital security measures.“The Hard Rock Hotels & Casinos and Loews Hotels breaches highlight the critical need for better data protection across all industries," says Ermis Sfakiyanudis, cybersecurity expert and CEO of Trivalent. "With the onslaught of high profile breaches this year, encryption alone has proven it is no longer enough to protect sensitive information...the only way to get ahead of data breaches is to address them as a likely probability, rather than an impossibility."

The Hard Rock Hotel & Casino franchise was hit by a data breach from August 10, 2016 to March 9, 2017, last week.

Southlake, Texas-based Sabre Hospitality provides the chain's payment systems, which were infiltrated at - Biloxi, Cancun, Chicago, Las Vegas, Palm Springs, Panama Megapolis, Punta Cana, Rivera Maya, San Diego, Vallarta and Goa.

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"The brand was recently notified of a security incident through third-party hotel reservation system – the Sabre Hospitality Solutions SynXis," the Orlando-based hotel chain said. "An unauthorized party gained access to account credentials that permitted access to unencrypted payment card information, as well as certain reservation information, for a subset of hotel reservations processed through the reservation system."

is utilized by more than 36,000 properties, .

"Not all reservations that were viewed included the payment card security code, as a large percentage of bookings were made without a security code being provided," Sabre . "Personal information such as social security, passport or driver's license number was not accessed."

Last summer, Hard Rock Hotel & Casino Las Vegas was hit by a that accessed guests' names and payment card information, including expiration dates, account numbers and three-digit verification codes.

Luxury hotel chain Loews also reportedly fell . The New York City-based company operates 24 sites across the U.S. and Canada, but it's unclear which locations were affected.

Cybercrime is a growing problem - , research revealed that more than $315 billion had been lost by businesses around the world during the past year, highlighting a greater need for stronger digital security measures.

“The Hard Rock Hotels & Casinos and Loews Hotels breaches highlight the critical need for better data protection across all industries," says Ermis Sfakiyanudis, cybersecurity expert and "With the onslaught of high profile breaches this year, encryption alone has proven it is no longer enough to protect sensitive information...the only way to get ahead of data breaches is to address them as a likely probability, rather than an impossibility."