It was hard not to feel helpless this week, when the cyber attackers against JP Morgan Chase and financial services companies attacked a president’s crest. Who was it? Moreover, what did they want at all? Moreover, what was the objective of them behind this all? One rational response would be to shore up defenses. Get a security freeze on your credit files and then towards the efforts of thriving to open a new credit card accounts in your name. You may also use the two factors authentication system at whatever sites offer them, in case someone gets their hands on your username and password, and please you are requested to not touch any links present in the email purporting. This was a good time to get us memorizing the secure operational system.We always got worry about the wrong things, but the biggest threat to our financial lives is probably not that thieves will get their hands on our payments card information. A studies, which is one of the well-known studies, published in 2001 and it was titled “Always leave home without it”, showed that in certain contexts, people were willing to pay even the double amount for the same item, when they were paying with the credit card. This was called as credit card premium. A study titled in 2008 Monopoly Money featured a gift denominated in dollar, where the gift cards, now called as debit card, which are used by many people, now the users look at the features of the items, not the price, and for this they take the assistance of the credit card.