In the event your credit card is lost and misplaced, it is your responsibility to call the Customer Service  immediately to report it. Failing to do so my cause you headaches if your credit card was to be used for fraud cases and the banks may ask you to pay for it.



However, sometimes unauthorized transactions may occur with your credit card without your knowledge and you only find it out
Related : Credit Card Fraudulent Charges - SMS notification from 1st January 2012.