In the past few years, the incidents of major data breaches as well as hacking into personal accounts for not only public people, but also not-so-public people, seem to be on the increase. In June, 2014, McAfee recently published a study indicating that hackers are costing consumers and companies between $375 and $575 billion… annually! Furthermore, losses connected to personal information, such as stolen credit card data, have amounted to over $150 billion. We’ve all had instances of unsubstantiated charges appearing on our credit card statements. These are usually handled by the credit card companies, with little or no liability for us personally. I am hoping that as contactless payment options and EMV cards become more ubiquitous, we will start to see the great reduction or elimination of these types of fraudulent charges and activities.