When a Company Is Put Up for Sale, in Many Cases, Your Personal Data Is, Too
Monday, July 6, 2015
When a Company Is Put Up for Sale, in Many Cases, Your Personal Data Is, Too
I have written about this before, but it’s worth reminding you. These days many companies offer an official privacy policy and an easier-to-read but not so official abridged version. Sometimes the two do not agree:
One example is Nest, an Internet-connected thermostat company that enables people to control their home energy use via their mobile devices. Acquired by Google for $3.2 billion last year, Nest has different online privacy pages with seemingly conflicting statements.One page, in colloquial English, says that the company values trust: “It’s why we work hard to protect your data. And why your info is not for sale. To anyone.”
Another page, containing Nest’s official privacy policy, however, says: “Upon the sale or transfer of the company and/or all or part of its assets, your personal information may be among the items sold or transferred.”
I know privacy policies are long and boring, but it’s worth at least scanning them to get a sense of what will happen to the information the company collects about you if they ever sell or go under. You may not like what you find.