I come from a country where most people don’t have a credit card.
I cannot wrap my head around [this](https://m.youtube.com/watch?v=vmh3_nSR1jU) documentary.
Now I get that credit card fraud *is* a big problem.
But if all you need is the card number to order stuff, and card numbers are so easy to come by as shown in the documentary, then why is not every single criminal in the US running a credit card fraud operation?
It seems super easy and low risk. Get a burner device, order stuff from public wifi, and don’t be stupid about the delivery locations.
In: 548
Having worked for one of the biggest credit card issuers in the space, I can assure you that fraud is enemy number one.
Fraud may be the only thing that can bring a major carrier down. They are all doing everything they can to identify and mitigate fraud risk, and their success will determine their overall outcome.
Data science, behavioral science, you name it.
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