Re: "very rigorous framework of security and data privacy consent".
It's the new generation of Robber Barons. They're making hay while the sun shines until one day, eventually, it'll all come crashing down around their heads. Except by then, they won't care because they'll have all the money they could ever need anyway. Just like Carnegie, Morgan, Vanderbilt, Rockefeller etc did in their day.
The primary difference this time is that at least the last lot were, in general, producing useful output. The current lot don't seem to be producing anything. They just keep inventing new ways to skim a tiny little almost unnoticeable amount of other peoples transactions but on a massive scale and so get rich by doing pretty much no work at all, certainly nothing productive or useful.