In 2024, Americans reported losing over $10 billion to fraud—much of it from credit card hacks and unauthorized transactions, according to the Federal Trade Commission. So, if your card suddenly shows $9,000 in luxury-store charges you didn’t make, you’re far from alone.
The big question, however, is: are you financially responsible? If you act fast, then it’s not on you. Reason to learn what the law says, what your bank will do, and what steps you should take right now to stay protected.