Right now, combatting credit card fraud is mostly a reactionary process. Issuers wait until transactions occur that either appear fraudulent according to rules-based analytic engines or are reported by customers, and only then, do they intervene to prevent further fraud.
By Cathal Smyth + Clare Gollnick
Full abstract and materials: https://www.blackhat.com/us-18/briefings/schedule/#money-rity-report-using-intelligence-to-predict-the-next-payment-card-fraud-victims-11520
