Where to start
A good policy also lists what organizations are involved in data transactions with the company. It should say where user data may be sent or received, and all the locations of the servers involved.
You could craft your company’s policy, as long as you’re transparent about what information the you are gathering, which partners you might be partnering with, and what’s being done with the information. If you’re crafting your own policy, the ideal situation is if you have a tech product or service that doesn’t gather any data, or one that holds only login credentials.
Having a lawyer will cost significantly more money, but that investment is more cost-effective than the dealing with the fallout of not being clear about how the data you collect is handled. Even the best motives can seem dubious when you leave users in the dark.
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