I think it is very important. Criminals can misuse bank details, addresses, or even photos, and you can also face scams or harassment. Most people do not want strangers to map their whole life from a few posts.

Many users only have a general idea, not a clear picture, because the rules on websites are long. Younger people may understand settings a little better, but a lot of older users trust brands and click accept without reading. Targeted ads show that tracking exists, but most people do not know every step.

Convenience is a big reason, and discounts or free trials are tempting. Some do not know the long-term risk because nobody really taught them. Social norms on certain apps also make oversharing look normal and friendly.

They could write clearer rules and use fines when companies break them. Requiring short plain-language notices would help, instead of only huge legal pages. They could also fund security checks and make sure small businesses get guidance so the rules are not only for big firms.

A completely private life is very hard if you use banks, a phone, or a workplace system. I think a mixed approach is normal: you share some things, but you still look for control where you can. It will never be perfect, but careful choices still help a lot.