Corporations (and the governments that are supposed to set and enforce standards) are clearly failing to protect the data that is collected about people. These criminals are increasing the incentive for corporate data security.
The Equifax case is a good example of the problem. They leaked data on lots of Americans, who never agreed to their data being collected, they externalized an enormous amount of damage they created, and they are still in business. Government is clearly failing here.
I feel safer knowing that there are people out there, hunting down these unsecured caches of data.