1- The dealer is rewarded by Wall Street for growth in revenue and profits. The dealer has competition. Of course prices will rise over time. For example, film dealers are notorious for constantly increasing prices. But the dealer does not have unilateral power to charge whatever they feel like. Loosing customers eventually reduces the dealer's rewards. It creates a strong negative feedback loop. Historically one of the dealer's most popular items for photographers has actually decreased in price.
2. This is a serious problem with all credit/debit card purchases. Dealers on every street corner are vulnerable to this issue. Some dealer's invest more than others in security. Some dealer's organizations are very inefficient and fragmented... which makes them vulnerable. The US credit/debit card companies in the US refuse to give the dealer's customers more secure options. The question is: did the dealer learn their lesson? Since we have no concrete information about the dealer 's response to minimize future risk, the odds are 50:50 the dealer is more secure than before. We just don't know. Keep in mind we don't know anything about other dealers' security either. Of course dealers who give their goods away don't have this problem.
3. Keep in mind you must use the Cloud for only two things. 1. You must download all software from the Cloud. Then the software resides entirely on your computer. 2. You must connect to the Cloud 12 times a year. Here are the facts:
"Because your Creative Suite applications are installed directly on your computer, you will not need an ongoing Internet connection to use them on a daily basis. However, you will need to be online when you install and license your software, and at least once every 30 days thereafter. The software will alert you when you need to connect to the Internet for a license status check." The license status check has a 7 day grace period. So you just need to check in once every 30 days.
Otherwise your computer doesn't even have to be connected to the internet. Updates happen about every 45 days . So this means you must be connected to the Cloud for about 10 to 15 minutes 12 times a year to download updates and refresh your licenses.
There is absolutely no mandate or reason to store a single photograph in the Cloud. No one can steal your work from the Cloud if it isn't in the Cloud.
And, if you register the copyrights for your work, the maximum penalty per registered photograph is $250K. So let's be skeptical and assume the dealer will steal our photos, and our photos are registered. If each customer received just 10% of the maximum penalty for every photo the dealer stole, the dealer dies. Speaking for myself, my photos are not worth $25K each no matter how wonderful I think they are. I'm skeptical the dealer is stupid enough to steal them.
No doubt this thread will be hijacked to express disgust and dismay over the subscription licensing model.
Decisions about subscription vs. perpetual licensing are always correct. There is no no right or wrong answer. Each photographer gets to decide for themselves.