Data Intermediaries
Storing and managing personal data in light of the recent spate of data breaches, needs a new type of intermediary. The threats to the data will go along in the future with the vast amount of personal data currently stored by organizations.
The model we currently have, means that systems have too much data. In a distinctive e-commerce dealings, for example, the merchant needs to accumulate more information as the value of that transaction goes up. On the other hand so does their liability and risk, There should be a change in that thought process.
Another example is the quantity of employee data stored by companies. To acquire third-party data verification services, and act as intermediaries for e-commerce merchants and other organizations is one of the possible solutions.
BT or Vodafone, the Royal Mail or banks are communications providers that are possible contenders to serve as data intermediaries.