All law abiding citizens have data that they want to hide from fraudsters.
Fraudsters often get their hands on government data through breeches and bribery.
Also fraudsters pretend to be government agents to get data from big tech companies. So any channel that governments use to get data from tech companies is abused by fraudsters to commit crime.
Fraud is a very big deal. The UK economy loses 219 billion per year to fraud. Our national deficit payment is 93 billion per year and we spend 188 billion on the NHS.
If we improved privacy of all of our citizens then the savings from fraud reduction would cover our entire government deficit