Will there ever be a relationship of Mutually Assured Destruction between people when it comes to abusing one anothers' privacy. i.e. if person A abuses the use

Will there ever be a relationship of Mutually Assured Destruction between people when it comes to abusing one anothers' privacy. i.e. if person A abuses the use of information about individual B, then person A has the immediate knowledge of that and ability to do the same or worse to individual B. Therefore the temptation to manipulate or abuse private information of another party will be limited against by the knowledge that retaliation is assured and disproportionate. This could work on a person-to-person level, i.e. if i use an individuals private image for public or private purposes without consent, and it could be used on a person-to-institution level, i.e. if an institution sells an individuals health records without consent. Perhaps an answer to the eternal problem of privacy is that if all private information is open and accessible we will all be so terrified of the retaliation that we will not abuse others private information. (although i realise the hypocrisy of calling anything private if everyone has access to it).