Unless you've had fraud committed against you, that's a hard sell. What dollar figure do you use as the basis? Are you suing for years of credit monitoring? Because that's typically the solution for people who are the victims of PII leaks.

One could argue that it's a failure of law enforcement or telcos or regulators to do enough to prevent fraud and maaaaybe bring a class action or something, but that's a massive stretch.

Given it's a physical impossibility to create an impregnable fortress for your data and said data both already has a dollar amount attached to it in the black market and an obligation to be cared for, the argument could be that the government is setting up companies to lose money unless they too get to sell that data themselves, which regulations -and basic decency- say they can't.

https://www.newsnationnow.com/business/your-money/annoyance-...

Suggest phone scams are a $26 B per year industry.