Privacy Policy – it’s the law

June 12, 2018
Posted in News
June 12, 2018 odezadmin

Privacy Policy – it’s the law

Just like low cut jeans in the early 2000’s, privacy policies are all the rage right now. From Mark Zuckerberg testifying in front of the Senate to the new European privacy law, GDPR, privacy is a hot topic. But what is a privacy policy? And do you need one? A privacy policy is a statement or legal document that informs people on how a particular company collects data, what data is collected, who it is shared with and how it is used. A privacy policy can usually be found on a website or application and provides the users or visitors with all of the relevant information on their data. You need a privacy policy if you collect any personal information on your website or application. In fact, a privacy policy is required by law if you collect the information of users from California or the European Union. Noncompliance with laws that require a proper privacy policy can lead to millions of dollars in damages. Furthermore, a privacy policy that is copied from another website and is not accurate to your organization’s acts can lead to lawsuits by the Federal Trade Commission, fines and can be a huge disruption for your business. Having a privacy policy is obviously important if you want your business to stay open. However, where do you get one? Lawyers are so expensive. As such, we have decided to offer Termageddon as a solution to our clients. Termageddon is an online generator for privacy policies, terms and conditions, disclaimers and end user license agreements. What’s cool about Termageddon is that it charges one low fee for all policies and their policies update automatically as the law updates so that you are always protected. For example, GDPR came into effect on May 25, 2018 and their policies updated so that you can be in compliance with minimal effort on your part. You can read more about the service and why policies are important on https://termageddon.com/.

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