Facebook's new privacy policy spells out your lack of privacy

By Dilip -
By Theresa Payton, co-author of "Protecting Your Internet Identity: Are You Naked Online?"

If you do not have time to read screens of information on the privacy policy for Facebook, I've pulled out the top 5 that struck me:

1. They are going to share your data to send you ads OUTSIDE of Facebook.

2. Facebook does not commit to a timeframe for data deletions, if ever. "We store data for as long as it is necessary to provide products and services to you and others..."

3. Anything you post really belongs to Facebook, and not you, including your photos.

4. If a friend wants to download your information, your post, or your picture or just about any other piece of data you put on Facebook to their cell phone, they can. Convenient or Creepy?

5. They admit they gather lots of information about you when you post, including the IP address, internet service, browser you use, and GPS location you are posting from and if you are on a mobile device or a computer.

The privacy policy is going to continue to morph and change and it is not scenario based so you may find it hard to relate the words back to your own personal profile. Flipping back to a report from the Irish DPC, their spokesperson was quoted as saying, "...there are a number of matters identified in our audit report..including retention periods and facial recognition specifically...that remain the subject of ongoing discussion with Facebook." If you want a story to relate to, read a frightening and true story about facial recognition and twisted identity theft that happened to a young college student named Whitney in my new book "Protecting Your Internet Identity: Are You Naked Online?"

So how will Facebook appease the stock market now that it is public? They have to monetize their most valuable asset, their users...
http://www.huffingtonpost.com/theresa-payton/facebook-privacy_b_1540938.html

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