Yeah my bad, I agree the title you saw is bullshit.

The Post Title Says “12M Aussies personal data leaked - and 1 Billion worldwide”.

That’s not really sensational, it’s two facts included in the article. Sensational would be “12m Aussies hacked” or something, implying something entirely different.

There’s no assertion from the article or the title that KYC shouldn’t happen - you seem to be imagining that.

However, if a service uses a third party to collect and store KYC data then that third party needs to take reasonable steps to safe guard that data.

I dont mean to seem insensitive but hasn’t this been going on since forever?

I remember several years ago a friend of mine trying to explain to their kid why they couldn’t play roblox.