One of the points raised in the Business Travel Workshop which takes place as part of Security Management Stage 2 is the risk of business executives on assignment overseas having their credit cards compromised and then being arrested and missing their flight because they do not the funds to pay for their hotel bill. Ironically, it may be hotel which is the source of the card details compromise!
http://www.nytimes.com/2010/07/06/business/06road.html?_r=2
Even ARC’s MD, David Cresswell, has had his business credit card cancelled by the issuer while abroad, due to suspected fraud on his account. To add insult to injury, he was then the next day stranded overseas by the Iceland volcano! He avoided languishing in a Spanish jail because he had personal credit cards with him as a precaution. The best advice is to instruct all overseas travellers to take more than one card, keeping one for emergencies only.
The next Security Management Stage 2 Course takes place in the UK, 11-22 October 2010. Click here for details, or email Janet.
