Politely, stick it.
Now as a person, of course I’m sure you are kind and responsible and we’d have a lovely lunch (and I mean that). It sounds like a fascinating problem to solve. As a group though, acting within a regulatory regime that doesn’t value privacy at all - excepting that one law from 1996 with more holes than my socks - you just can’t be trusted.
Would you claim personal responsibility for any downside risks your product introduces, in a “like for like” manner with respect to the actual damage caused? Like if a doctor relying on your product caused a death?