In an overwhelming majority of cases, I've found the root cause is simply Doing The Right Thing Costs More.
It isn't "filing cabinets in a vault" that costs more. It is hiring the people with the requisite experience, expertise and soft skills to navigate those conversations. It is pushing the technical boundaries so these decisions are automatically made upon the metadata carried along by the pieces of infrastructure we're pushing around the table. It is putting in place the appropriate regulatory frameworks with auditing enforcement that halt overzealous KPI-chasing executives from overriding the caution signals raised within their own organizations, without stifling innovation.
And many other prudential measures set aside for "move fast and break things". Which unfortunately in so many cases boil down to "externalize my costs onto someone else who hasn't yet figured out they're the patsy" in a massive shell game of "Don't tax you, don't tax me, tax that fellow behind the tree" attributed to long-serving U.S. Senator Russell B. Long of Louisiana.