It's not about your wallet being unsafe, it's about the data stored and it being reliably available.
Like Memo's and files saved to the blockchain? Easier to just save them to a HDD you give yourself network access to. I do this with TV shows and such. I can watch them from anywhere.
I agree, but for a business that is relying on information being more or less immediately available from a consistent location, it's kind of an untenable situation. Especially at scale
