Kirk Job Sluder <[EMAIL PROTECTED]> writes: > I'm more than happy to agree to disagree on this, but I see it > differently. In aviation there certainly is a bit of risk-benefit > analysis going on in thinking about whether the cost of a given safety > is justified given the benefits in risk reduction. > > Likewise, credit companies are currently making money hand-over-fist. > If an identity is compromised, it's cheaper for them to just close the > account, refund the money, and do their own fraud investigation after > the fact.
You don't get it. Refunding the money improperly charged on a single card doesn't begin to compensate for the hassle of undoing an identity theft. If airlines worked the way you're suggesting the credit industry should work, and a plane went down, the airline would be off the hook by refunding your estate the price of your ticket. It's only because they face much further-reaching liability than that, that they pay so much attention to safety. -- http://mail.python.org/mailman/listinfo/python-list
