Look at the Equifax breach - most of the US SSN's, addresses, & more released, and they get a little slap on the wrist and continue doing business. I was in there, I never signed up for equifax, I signed up for companies that signed up with equifax.

That said, it is still a slippery slope argument, just because there will be more data breaches, doesn't mean we should give everything out freely and just give up.