According to Carrabine et al, who do we entrust with our personal information and finances?

The assertion that we entrust our personal information and finances to people of higher power, such as corporate leaders, is grounded in the idea that individuals and organizations with significant authority and influence often handle sensitive information. This reflects a societal tendency to rely on those in positions of power to manage complex systems, including financial institutions and data protection measures.

Corporate leaders typically oversee the operations of large companies that collect and process vast amounts of personal data, making them pivotal in safeguarding that information. Their roles come with expectations of accountability and trust, as they are responsible for the security and ethical management of the data they collect. This dynamic underscores a broader societal reliance on hierarchical structures where power and responsibility coexist, shaping how we engage with institutions that hold our personal and financial data.

In contrast, individuals with no power may lack the means or systems in place to manage such information responsibly. Government officials, while certainly responsible for data governance, do not exclusively hold the trust in managing personal data compared to corporate leaders, who often have direct access to and control over private information. Random selection would not establish a credible framework for managing sensitive data, as trust and accountability require established relationships and systems, typically embodied by those in power.