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Legal Issues
Published in Michael W. Geoghegan, Greg Cangialosi, Ryan Irelan, Tim Bourquin, Colette Vogele, Podcast Academy™: The Business Podcasting Book, 2012
A privacy policy (also called a privacy statement) is an important document that requires significant consideration within the organization about how it handles personally identifiable information about any third parties. Taking the time to consider all the ways the company treats these materials (both online and offline) is essential to writing a legally sufficient policy. This can require input from many departments within the organization, including the marketing, operations, engineering, and legal departments. It is also essential to consider the policies of other entities that the company contracts with and who may come into contact with the company’s customers’ private information.
Online Privacy Policy Disclosure: An Empirical Investigation
Published in Journal of Computer Information Systems, 2023
Third, we focused on companies from industries that are exposed to high PDS risk. Prior studies either randomly selected companies26,37,38 or used the Dow Jones, Forbes, or Fortune company lists.14,15,28,29 Both approaches included companies that do not collect or handle consumer data due to their business nature or practices. Even for the included companies that do engage in consumer data collection and sharing, some are more information intensive than others. Thus, those studies included companies with different needs in complying with FIP or GDPR and did not provide an accurate picture of FIP compliance for companies with high PDS risk. In this study, we specifically zoomed in on companies in HC, FIN, and CS industries, all of which have business operations that deeply engage in handling consumers’ sensitive PI. For the first time, the privacy policies of the newly defined IMS sub-industry are being studied. Consumers are more concerned of their privacy when dealing with these companies, and hence it is important to examine these companies’ privacy policy and privacy practice.