Let's reframe that opening bullet list:
- Companies make expensive products with a business model that's being eroded as Users realise their data has real-world value.
- Companies want to know that the clients using their site have personal data worth selling
- Companies want to force trust to the client side rather than spend money writing secure code.
- This bullet point is nonsense. Malicious apps mimic the interface to steal passwords, then log in with the original software