You forgot the urge we all share to store all our login information on our phone, to exclusively use it for banking, to take and store all our sensitive photos

You forgot the urge we all share to store all our login information on our phone, to exclusively use it for banking, to take and store all our sensitive photos and videos, to exclusively use it for any kind of communication, to keep the microphone and camera intact and to leave our phone on 24/7 next to us. Seriously, what's the worst that could happen with an internet connected closed down device that holds all our information and has a microphone and camera? People must be just paranoid.