[jacquesm]

> The judge rejected claims that the credit cards could have been stolen because of the strenuous efforts credit card companies put into security.

Man I would have liked to be an expert witness in that case.

That judge ought to be thrown off the bench for talking out of his honorable ass. Credit card fraud with stolen numbers is so rampant it's not even funny, we reject probably around 40% of the charges (and the users don't complain, right?).

Typically it is not the credit card companies (or the banks) that go to great lengths to protect the card holders but it is the IPSPs and the merchants that try to do the best they can, only to find out that they're holding the bag if a charge is ever contested because VISA, MC and other card companies/issuers do not do anything whatsoever.

[anonymous246]

What business do you run? Is the stolen CC # problem greater with certain kinds of businesses than others?

[jacquesm]

> What business do you run?

I run a web service with a subscription component, friends of mine run an IPSP.

> Is the stolen CC # problem greater with certain kinds of businesses than others?

Yes, absolutely. If you run a service targeted at businesses or teachers or other 'nice' people you're likely not going to see much, if any of this. If you run a site that sells physical goods you'll get plenty but you will be able to do some pretty good checks before shipping the goods and you'll have a signature from a recipient. You will likely also have a list of destinations you do not serve.

If those are not your target markets then all bets are off and you will likely get bitten badly before you learn the rules by which the game is played.