Daniel McIntyre on Fighting Debit Card Fraud: Debit card fraud has had an enormous impact. McIntyre: The most successful thing we did was more or less a fluke. We see the largest losses through no fault of the consumer at all. They’ve been a direct result of data breaches where a company, whether they know it or not, has been storing credit card information and then they have gotten hacked into. So, you know, the criminals will do a small test charge, and if it passes, they have got a live card in their hands and in a matter of minutes they are charging it up.”]
Source: https://www.cuinfosecurity.com/daniel-mcintyre-on-fighting-debit-card-fraud-a-747