Data breach is a violation of trust when Financial & Commercial entities fail to protect the account data and privacy of an individual and their family.
One’s personal data is extremely valuable and loss of such not only can be financially damaging but can bring repeated threats upon one’s identity for years that can propagate as family and friends also become the target.
It's incomprehensible that information technology (a commodity), in use for so long, we’ve not enforced penalties on financial & commercial entities for loss of privacy and personal identity data as in the case of the HIPAA Privacy Act for example, under these Federal rules, failure to comply can bring stiff fines.
For more information on how a data breach can impose long term identity threats visit MyStolenID.org