Earlier quoted context omitted.
Someone being able to take over your account, read your DMs, and impersonate you is pretty serious. Should be treated as a data breach with serious penalties.
Sure, but it's not life-critical, lives don't depend on it. Other engineering disciplines have different rules, because for example a bridge or building with a fault might cause the loss of life of hunderds of people.
Tech companies don’t want to take responsibility for the incredibly sensitive data they have collected and are trusted with guarding.