A bipartisan bill in Congress would assign the U.S. Securities and Exchange Commission with the task of determining what consumer data is worth; at least when it comes to Big Digital giants. So what’s my data worth?
On the face of it, having the government mirror the private sector, and recognize that consumer data is a valuable asset, is actually quite wise. Data is worth something — and accounting rules, risk management, capitalism, and a reverence for asset protection — all point to a need to understand data’s worth and secure it accordingly.
