Completely disagree. Weighing risk vs reward the risk is that my identity gets stolen while the reward is that I don't have to login to my accounts and enter information manually.
At some point I suspect every person on the planet will have experienced a data exposure event and the question will switch from: have you ever had your info leaked?, when was the last time your info was leaked? It's not a small risk.
The amount of work you'd have to do to correct a stolen identity is far less than the amount of work to log in to 10 accounts periodically,dump the data, format it, import it, and fix any issues
At some point I suspect every person on the planet will have experienced a data exposure event and the question will switch from: have you ever had your info leaked?, when was the last time your info was leaked? It's not a small risk.