True. Although I have less of an issue with my details being in a "secure" database somewhere, rather than random hard copies floating around the office.
A friend of mine is a board member for a co-op in New York, when someone wants to buy a flat there, they have to submit an application to the board, which includes a resume, and all financial statements, tax returns, etc. Shocking, I know! What really got me though is that when they are done reviewing an application, they just toss it in the trash - no shredding!