Tbh thats still a better outcome than the status quo isn’t it: a single hack is now limited in damage, and multiple are required to do the equivalent of todays scenarios
What if everyone contracts out the data collection to a single party? Only giving the data a larger exposure.
I'm really glad this is coming to light and I hope it passes. It will be very interesting to see how companies try to avoid it, but at first glance, it seems well thought out.