@rozzin I agree. It seems like a solvable problem but too often it's made into an all-or-nothing approach. It would be good to be able to select the degree of confidentiality: none (red), confidential-in-transit (yellow), confidential-in-transit-and-at-rest (green).
Perhaps even a level beyond with an ephemeral (do not store) though too many options leads to other problems.