its extremely dangerous since it really expose your identity, specially information the may lead you be a target of hackers , and we know that the information that we are giving is very critical, since this info are also being use in the banks, by a lot of people, hackers can take advantages of the info,
giving your info or selling it, this also can happen, i see a lot of group selling information's for companies the offers credit card and health cards and its annoying i know everyone experience this,
great topic i hope to see more
This is absolutely true!
And we have been many cases where data have been leaked and who knows what the hell happens with these huge data.
Few cases:
https://www.infosecurity-magazine.com/news/data-leak-password-reset-crypto/https://cointelegraph.com/news/bitmex-email-data-leak-fallout-is-serious-many-users-already-affectedMy opinion is that crypto exchanges should be more focused on security than on KYC.
But well, KYC is needed also to fight against things like AML.
It's complicated situation.