CC fraud is high and will continue to be for the foreseeable future, since it is dependent on a multitude of actors in ensuring that your data is kept safe and

CC fraud is high and will continue to be for the foreseeable future, since it is dependent on a multitude of actors in ensuring that your data is kept safe and secure. There is always a fine balance between securing systems and providing the comfort that clients are interested in having. If Visa/Mastercard/et al decide to be more stringent in their security process, it is very likely that another actor will come in and provide that convenience, forcing everyone else to follow suit if there is enough market pressure. I find it odd that CC companies don't provide a way for clients to customize their security profile (E.g. $500 charge-up without signature if cronix so desires), maybe it is easier for the business to create an overall risk management profile for all clients instead of a customize-able one? Regardless, at some point, their fees can become unbearable to clients, forcing them to find other options. It would be interesting to see us move from a cashless society back to cash