Inadvertent public buckets leading to data loss is what created those hoops. Trying to take the ammo out of the footgun.
https://www.theregister.com/2022/12/14/aws_simple_storage_se...
https://www.theregister.com/2022/12/14/aws_simple_storage_se...
A good deal of hosting is done on ephemeral VM instances that get rebuilt, so you choose between volumes and S3, and S3 is a bit more flexible.
You can put all sorts of things on s3. The PDF containing your bank statement, your medical test results, whatever - S3 is plenty secure enough for that with sane configuration, and even by default with sane account management.