It's also just as possible that we are adopting a lower tolerance for that risk, or that the risk is better clarified than it once was.
When I was growing up, I was allowed to roam the neighborhood. I lived on a military base in my youngest years, but later I lived in a suburb of a small town.
Nothing seriously bad ever happened to me, but that's anecdotal.
I wonder what is more likely: my parents were more risk tolerant, risk ignorant, or the world has become more dangerous. Both are possible, but I think the former two are broadly more likely than the latter.