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> the data stolen in the breach could include full names, dates and places of birth, mailing and email addresses, and phone numbers on an undisclosed number of citizens Nothing really new here sadly, this information about me have leaked half a dozen of times in the past 2-3 years or so. These things will never change if the only penalty the company/agency gets is "send a message to your users saying you are sorry and that it won’t happen again". |
Because of the inevitable breaches and leaks - KYC is the illicit activity. The selling point of KYC was preventing fraud and money laundering. It doesn't actually do that. Search for "largest money laundering settlements" and you will find 5 banks and one crypto scam.