When thinking of data security this article truly brings an outlook in the importance of owning your data and having control as John Batelle quotes:
Related, Facebook should allow every single Facebook user to export a machine readable version of their data to any service they chose, easily and without friction. That’s what “co-ownership” means. Yes, this means competitors will flourish. But that will only force Facebook to be the best at creating value with the data it has helped to create (and partnering with those potential competitors in new and unique ways, again which could bring in revenue).
In reality it still will not bring security to your data.
Read the full article here.
Read more about how you can comply with the rules of data portability here: www.idlink.eu