I've traveled a lot too, and haven't ever had things stolen. But I know people who have. One of my friends had his iphone in a waterproof protector strapped around his neck for Songkram in Bangkok, and someone in the crowd walked right up behind him with a scissors and cut the string and ran off . He had a second phone stolen shortly after. Luckily he works in travel insurance and was a big believer, so everything was fully insured! Maybe the bad stories just stick out and are the exception not the rule.