No one is denying fraud has a cost or that there's benefit to mitigating it. Mitigation comes at a cost and so there is a cost/benefit analysis performed by sta

No one is denying fraud has a cost or that there's benefit to mitigating it. Mitigation comes at a cost and so there is a cost/benefit analysis performed by stake holders to determine the scope of mitigation employed. PCI identifies recommended mitigations and imposes penalties for failures, but it doesn't ensure or validate compliance. It simply shifts liability from one stakeholder to another. No one is spinning this as nefarious, but rather information that should be taken into consideration.