A purse, bag, or wallet is stolen every 2 minutes in the U.S.
According to FBI and consumer safety data,hundreds of thousands of women fall victim to bag theft, pickpocketing, or purse snatching every  year.

Pickpocketing Costs Travelers Across Europe and the UK Over $11 Billion a Year.
Aggregated estimates from tourism safety reports, consumer travel insurers, and multiple country-level studies.

In 2023, over 45,000 incidents of pocket-picking and purse-snatching were reported in the United States.
Source: FBI Uniform Crime Reporting Program, as cited by Statista.