No-one is actually breaking into a bank and stealing $$ from your account.
Virtually most of the fraud is happening due to customer's own fault, not strictly bank's fault:
1. installed malware and got all saved CC data stolen
2. website you ordered your widgets got hacked and your CC stolen
3. clicked phish linked and lost your online bank credentials
4. got scammed and sent zelle to a scammer
5. used shady website to order deeply discounted electronics / signed up for adult membership website - and gave your CC data right into hands of fraudsters
6. used shady third party ATM in tourist place like Cancun and got your card skimmed etc
7. used same user/pass credentials for online banking, as your email account, and your online bank got taken over
Virtually most of the fraud is happening due to customer's own fault, not strictly bank's fault:
1. installed malware and got all saved CC data stolen
2. website you ordered your widgets got hacked and your CC stolen
3. clicked phish linked and lost your online bank credentials
4. got scammed and sent zelle to a scammer
5. used shady website to order deeply discounted electronics / signed up for adult membership website - and gave your CC data right into hands of fraudsters
6. used shady third party ATM in tourist place like Cancun and got your card skimmed etc
7. used same user/pass credentials for online banking, as your email account, and your online bank got taken over