> creating endless pointless copies of your pesonal (sic) information in databases across the world that will eventually be neglected, hacked, exploited, sold off etc… I dont know the way out if there is

The data needs to be viewed by the holder of that data as a dangerous liability, not an asset. If there were headlines about “Megabank Files Bankruptcy Over Data Breach, Executives Jailed” instead of the general sentiment of “LOL another data breach, here’s a free trial of LifeLock,” there would be changing attitudes about storing arbitrary user data.

I think it's advantageous for data to be viewed as an asset, but an asset owned by the source of the data. If Megabank was like; 'Oops, we left our vault unlocked and someone walk off with your savings' people would be up in arms.