Trust the government or organization of my data and there was a data leaking. I just hope my data wasn't there. 🤷♂️ They said, "It's a bluff. Hacker just got public data that's already on the public for more than a year ago." So, to sum it up... It's already leaked more than a year ago and we just know it now because someone sniffs the attacker on the deep web and shares it on media? 🤔
*Real experience
There's always a risk when we put our data, especially KYC to a company. We should do background checking of their security first.
The idea behind KYC is that it makes it harder for scammers and money launderers.
It's good, to be honest. When we don't use our KYC, we must know that there are scammers and money launderers. So, we are the ones who must protect ourselves.
Conclusion: What risk do you want to take?
Risk of data leaking or Risk of meeting scammers and money launderers?
The answer will be their choice to use KYC based or non-KYC based
Sorry to hear you had an experience like that with your own data :(
Concerns about doing KYC are legit!
Posted Using LeoFinance Beta
I just hope the government and other company who ask to do KYC at least has good security first on their system.
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