It's ridiculous how much of finance works on trust in some countries. It is mind boggling my easy for someone in the UK to steal someone's identity for the purp

It's ridiculous how much of finance works on trust in some countries. It is mind boggling my easy for someone in the UK to steal someone's identity for the purposes of applying for credit cards and loans, and people happily give away their names, addresses, dates of birth, anything for random stuff like winning an iPhone or whatever. No way anyone's ever getting my bank credentials, even though anything important is approved by phone. It's like giving someone the keys to your home and cash safe, and telling them to be careful with it please :)