Here is a handbag. It will only really deter pickpockets, otherwise if someone steals the bag you could just cut it open.
BUT - In consideration of all the fuss about keeping computers protected that house our names, addresses, social security numbers and account information, how are handbags any different? They have all that stuff too, including probably even a photo of yourself. All good stuff. So do what you can, especially when living in a big city and always being submersed in crowds.
Handbag scanner to deter thieves.
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