This feels like pearl clutching to me. While it's probably technically true that having your fingerprint leaked increases your risk of identity theft by some non-zero amount, in the overwhelming majority of the cases it's effectively zero, because for the overwhelming majority of people the only place they have their fingerprints enrolled is on their phones. In the event you somehow acquire stolen fingerprint image data, it will be very difficult to use those to perform identity theft at mass scale, because you need physical access to phones.
>and is likely to withdraw from biometric-facilitated transactions.
What "biometric-facilitated transactions" are these? Aside from fingerprint unlock on phones, I'm struggling to come up with cases where fingerprints are used to secure sensitive information.