Nah its the corporate greed and disregard for avoiding amoral behavior at the first place, since clearly its punished much less than rewards are (just look at all the slaps on the wrist of FAANGs and similar), then followed by race to the bottom with the price.

Economies of scale do bring costs of everything much further than stealing user's data can, but good luck explaining some long term vision to C-suites who only care about short term bonuses.