You think warnings are going to help? They made a whole big hype about putting warnings on cigarette packs. Raised the price to do it.
Sorry, I don't know you. But this is asinine feel-good legislation. A debit card is an electronic checkbook. It contains, in one way or another, your account information.
You know that. Unless you're one of the people in 1990 that didn't know nicotine was addictive.
I fully agree they have a responsibility to protect their customers -- as much as is financially and practically feasible. But please. Signs don't solve problems. Or make a damn bit of difference in anything.
"But I also think that those producing these check cards should be required to advertise the hazards of having one of these cards (not in small print and maybe required in advertisement of these cards, similar to what is required with pharmaceutical drugs on television) and/or that if a debit or check card is issued a separate account should be required for its use, and users informed of the issues of placing all of their money in the same account that their debit card has access to."
Your argument is that you didn't know someone could steal your money? You were not aware of the hazards of carrying money (in whatever sense) in the modern world?
I'm sorry your account got cleaned out, identity theft is hardcore and there needs to be a lot more support and it needs to be treated like a much bigger crime than it is. I used to work in the check-authorization industry. It was awful to see these poor people getting their identity stolen and their life ruined.
But please. This is feel-good, 'blame the company'/lawsuit mitigation crap. It doesn't actually do anything. And it isn't anything that people shouldn't know already.
If we want to make a difference, we need a separate government bureau that is devoted to preventing/tracking/prosecuting/educating/defending citizens from/to/about identity theft. Smoke and lights aren't going to solve the problem. And they'll just make it more obnoxious and 8th grade-level instructions to do business with my bank. I hate that.
Again, it's not my intention to attack the OP personally. But those are the last things that are going to actually do any thing to help the problem. They will, though, cause the government/banks/credit card companies to spend a little bit of money, make a lot of noise, not make the situation any safer, and triple the hassle of doing through daily life. Airport security anyone?
K.