Singer said: "Travel and tourism businesses hold a massive amount of valuable information on partner businesses, customers and employees that hackers can sell." He told the WTTC: "All of you have experienced attacks and it's highly likely you have experienced breaches. "We've entered an era of cyber insecurity – 97% of [US] Fortune 500 companies admit they have been hacked and 60% of all online attacks went after SMEs last year." Yet companies are doing too little to protect themselves and customers. Singer said: "A study of 46 major travel brands found only 11, one in four, had taken steps to protect customer emails from fraud. Get the full story at Travel Weekly UK