What is the reward for your Digital footprint
Keep coming back to this; how much are you (your data) worth? Irrespective of the scenario below that you favour there is always a balance between the time, effort, management, commitment and any real cost/ benefit.
Whilst each scenario, depending on how you add it up, is worth a min of $2bn; one scenario is growing fast.
scenario 1 – the insurance sale
Data loss
Data recovery time
scenario 2 – the identity loss
Access to material you wanted to keep private
Loss of Privacy/ liberty
Recovery of direct loss
Reputation/ falsification
Setting up and securing services again
scenario 3 – the social exchange
Barter your data on an exchange
Improvement in personalisation and recommendation
Filtering
Speed to discovery