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I agree. If companies are going to collect and store that level of sensitive data, the security standards should have to be extremely strict. One breach could expose huge amounts of personal information, so strong safeguards and accountability are essential.
I agree with you in principle, but the Online Safety Act is a terrible example. It is not a great solution for its supposed aims, and in many ways makes things worse.With things like the Online Safety Act, the real challenge is balancing data protection, privacy, and usability, because stronger controls often come with trade-offs in how data is handled and stored