I guess it's news to you that the financial sector and especially banks in fact do exactly that: https://www.creditcards.com/credit-card-news/credit-card-secur

I guess it's news to you that the financial sector and especially banks in fact do exactly that: https://www.creditcards.com/credit-card-news/credit-card-security-id-theft-fraud-statistics-1276.php https://www.creditcards.com/credit-card-news/credit-card-sec... But it doesn't stop with the cards. ATMs, Tax Fraud, ... almost all businesses within banks have to deal with fraud and there is some threshold that they just allow to happen.