Question

Companies expose themselves to harsh sanctions by federal agencies when they violate the privacy policies that their customers rely upon.
a. True
b. False

Answer 1

Answer:

True

Explanation:

A privacy policy is a legal document or statement that discloses the ways a party gathers uses and manages a customer's data. These data include personal information such as address, name, financial records, medical history, travel records etc.

Policies such as the Children Online Privacy Protection Act which protects children on websites collecting children's data, the Gram-Leach-Bliley Act, The Health Insurance Portability and Accountability Act, are in place to ensure that privacy is protected and sanctions are metted out to violating companies.