Data trusts

 


Technology companies have proven to be poor stewards of our personal data. Our information has been leaked, hacked, and sold and resold more times than most of us can count. Maybe the problem isn’t with us, but with the model of privacy to which we’ve long adhered—one in which we, as individuals, are primarily responsible for managing and protecting our own privacy.

Data trusts offer one alternative approach that some governments are starting to explore. A data trust is a legal entity that collects and manages people’s personal data on their behalf. Though the structure and function of these trusts are still being defined, and many questions remain, data trusts are notable for offering a potential solution to long-standing problems in privacy and security.

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