All it takes is one breach or vulnerability and then yes, they DO have access to all your data.

Imagine someone steals your driver's license. No biggie.

Now imagine they steal your identity which is linked to everything you ever do.

But that's -likely- what it means in the near future, along with 24/7 tracking via observation posts along streets and highways. I wonder when people will start realizing a smaller government is a better government and vote accordingly. When things make a task "easier for the government" your ears should prick up and you should start paying attention. Today's "more efficient democracy" makes for tomorrow's "more efficient autocracy" when everything is already in place