Financial transaction fraud and identity theft have become a huge issue for consumers and businesses alike. According to statistics released by Sea Island Bank, more than 12 million people fall victim to identity fraud annually in the U.S. Because of this, about $26 billion is lost, which averages to more than $5,000 per individuals and $145,000 per businesses that fall victim. In fact, 61 percent of individuals report a misuse of their credit card by an unauthorized party.