What is a Privacy Policy?
A privacy policy is a statement usually put up on a website stating the details on how the operators of the site will collect, store, protect, and utilize personal data provided by its users. This is to forestall arbitrary use of people’s personal data.
In addition to outlining how the company will use the information, it also includes how it will meet its legal obligations, and how those sharing their data can seek recourse should the company fail to meet those responsibilities. The privacy policy usually requires site users to indicate that they have read the policy when they first provide their information.
Note: That personal data in this context includes names, addresses (physical or e-mail), IP addresses, telephone numbers, date of birth, and financial information, such as debit or credit card details.
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