JPMorgan Chase breach affected 83 million customers

http://news.techworld.com/security/3575121/jpmorgan-chase-breach-affected-83-million-customers/?

03 October 2014

Names, addresses, phone numbers and email addresses were compromised in a cyberattack on JPMorgan Chase but no "unusual" fraud has yet been detected.

All told, 76 million households and 7 million small businesses were affected, the bank wrote in a 8-K filing Thursday to the U.S. Securities and Exchange Commission.

I'm sorry but what's the point of making consumers paranoid about disclosing personal details when massive security breaches like this are happening on a regular basis ? In the UK a major widespread fraud is based largely on this type of information being used by criminals.

I would wonder why this information is held in an apparently less secure environment than other details.