Opinion: Big Tech betrayed consumer trust by failing to protect our data
Briefly

Tech giants profit billions from our personal data while we endure financial chaos, highlighting their lack of accountability for breaches and the severe damages to victims.
The FTC reports identity theft victims lose between $1,500 and $4,800 on average, spending 200 to 600 hours restoring their identities, with some never fully recovering.
The breach by NPD affecting up to 2.9 billion personal records illustrates the severe lack of oversight and regulation for companies handling personal data in the U.S.
The GDPR in the EU legally defines personal data as property, offering a model for stronger consumer protection and accountability not present in U.S. laws.
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