Privacy policies are different from data security agreements and cookie policies. A data security agreement is an internal document that outlines how you, your company, and any third-party vendors will work to safely handle your customers’ personal information. Your customers are unlikely to ever have a reason to read your data security agreement.
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In short: Yes! Several privacy regulation laws require privacy policies. This is a fairly recent development, and the laws aren’t the same everywhere.
The GDPR (General Data Protection Regulation) laws set guidelines starting in 2016 for how data can be collected and processed if you live or do business in the EU. The CCPA (California Consumer Privacy Act) is a state statute signed in 2018 meant to protect the residents of California from predatory data collection practices.
Managing privacy policies