When a computer hacker or a group of them accessed over 360 000 user accounts the cost for Citibank to repair the damage was 2.7 million dollars. But the loss of revenue and reputation will result in a lot more for Citibank is a good example of how personal information can be accessed by thieves with the specific intent of taking the money. This type of crime of identity theft and identity fraud have is getting more and more sophisticated and directly affects one in every twenty Americans and is getting worse every year. The result of the lack of funds available to setup a “sting” in order to catch these people as well as successfully prosecute them is making the problem only get worse. The collection and storing of personal information of customers in any business is vital in order to create the successful running of a business but this has been shown to be the weakest link because there are too many people that are exposed to this valuable information. Lifelock offer compensation and help if you become a victim but they do not offer a solution to the problem.