The University's insurance has a $10,000 deductible. Each time somebody has stolen one of our cameras, the money has had to come off the lab's budget for personnel.
The University's insurance has not replaced any student's stolen purse.
When a videotape walked away from the lab, a student lost a month of data collection.
Once, for one weekend only, a slip-up allowed one of our office computers to permit file transfers by FTP, without a password, into an empty folder. People from around the world found this computer and took the trouble to upload tens of megabytes of garbage.
You are responsible for choosing a secure password for yourself and for keeping it secure. For tips on how to do this, see: