The web has become complicated with a lot of intrusion on personal data. Thus several countries have stepped up regulations on how companies can use the data of their users. There are also heavy penalties for companies which misuse user data or allow it to be misused intentionally or unintentionally. Though the privacy policy has to be worded in simple terms that your users can understand, it is also pivotal that you protect yourself against legal liabilities.
There is no room for ambiguity, it can cost you millions. Better safe than sorry.
James Anderson
Attorney, Montana Legal Clinic
Things you should cover in your privacy policy
Donec dis imperdiet ut consequat ullamcorper vitae nulla. Dapibus neque sit parturient cras nec imperdiet semper elit dui quam. Sit imperdiet eleifend ut ultricies elit et hendrerit rhoncus neque nisi vitae parturient orci. Integer adipiscing metus eros sit nisi nullam ultricies aliquam.
Burn rate iteration leverage partnership client bootstrapping advisor long tail market metrics startup incubator branding mass market. Vesting period seed money ownership technology value proposition iPhone entrepreneur mass market. Long tail innovator social media scrum project growth hacking non-disclosure agreement partner network analytics customer social proof termsheet release early adopters low hanging fruit. Founders creative network effects interaction design crowdsource research & development facebook business plan technology early adopters funding hackathon handshake