Life in Balance and Credit

Everyone has ever heard about credit card fraud. Lots of people have faced identity theft for the last years. Credit card companies have been struggling with fraudsters for a long period of time and it seems they are winning the battle. But it is only at the first sight.
I have recently known about a new type of fraudulent actions. Credit Card Deals Shaving. Have you heard about this?
Now fraudsters do not need to steal your credit card and all the personal information. They just try out combinations of numbers until one of the combinations will fit someone’s credit card number. And that’s it! Now they can charge money from your plastic.
I have asked a financial consultant (who is a friend of mine) what can card holders do to protect themselves from credit card shaving. He said the only thing we can do is be very careful and try to keep an eye on all transactions on our credit cards. And if you notice that something is wrong, contact immediately your bank. And that’s all.
Well, it seems to me that cardholders are defenseless against fraudsters. Hope, credit card companies will make something up to protect us.