Another argument would be: what happens when there’s a data leak on their servers? Giving more info could potentially expose you even more. (It’s not an if, it’s a when)

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for non-technical people, it’s gonna sound like mumbo-jumbo

I guess it depends where you live.

Where I live everybody knows about data leaks. A bank employee, from a well known one, leaked a file with clients data. It was on the news for at least a year.

Affected millions of customers. Giant class action lawsuit