This is surprising to hear, as I have had the opposite experience.
I have had many fraudulent transactions or unauthorized charges on various accounts, such as:
* Random charges appearing for no reason
* Clear case of stolen card with a series of unusual transactions.
* Scam websites where I bought a product and never received it.
* One egregious case where someone from a IP geolocated in China brute forced my VNC server password in the middle of the night and used my saved browser credentials to PayPal themselves over $10,000 from my linked chequing account.
In all cases I have filed a dispute with the relevant institution and was fully and promptly reimbursed. In the latter case I had my money back in under a week.
Transaction reversibility is a feature, not a bug!
I have had many fraudulent transactions or unauthorized charges on various accounts, such as:
* Random charges appearing for no reason
* Clear case of stolen card with a series of unusual transactions.
* Scam websites where I bought a product and never received it.
* One egregious case where someone from a IP geolocated in China brute forced my VNC server password in the middle of the night and used my saved browser credentials to PayPal themselves over $10,000 from my linked chequing account.
In all cases I have filed a dispute with the relevant institution and was fully and promptly reimbursed. In the latter case I had my money back in under a week.
Transaction reversibility is a feature, not a bug!