Responding to the government’s midata announcement, Mike O’Connor, Chief Executive of Consumer Focus, said:
‘Consumer data is an incredibly valuable commodity and the amount of data kept and used is set to grow as people increasingly use online and digital services.
‘This data should not just benefit the businesses and services who collect it. Midata is an important initiative that could help people retrieve and re-use their own personal data for their own benefit.
‘But there is also the risk of serious consumer detriment if data is lost, leaked, misused or stolen. Protecting consumer data will be the pass or fail criteria for this initiative.
‘We look forward to working with Government, industry and other consumer bodies to realise the potential benefits of midata, identify possible risks and make sure the right protections are put in place.’