Because they /can't/ do it. Anyone who claims that legislative or legal peril will accomplish the goal to "safeguard your private info" must be almost impossibly naive. It requires a foundation of /perfect/ cryptographic and operational security, which is ... somewhat unlikely.<p>The only viable solution is to make it so expensive for them to hold /any/ of your data that they will look for a decentralized solution where <i>you</i> hold your data, and grant authorization for the corporation to use some of it (eg. your name and postal address).<p>Then, they might be able to fumble that, but the damage is limited to just publicly available data.<p>Agent-based system that are designed for building large-scale distributed and decentralized systems are the future.<p>Holochain is one such system. There may be others, but it seems to be the most advanced.