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Privacy policies are legal documents aimed at protecting companies from lawsuits, but most people do not read them. With the introduction of the GDPR privacy regulation in Europe, many have received more privacy policy notifications. While many users may ignore them and use services regardless, it's essential to understand how your data is used. Awareness of privacy policies is crucial, especially in light of incidents like the Facebook-Cambridge Analytica scandal and data breaches such as Equifax. Understanding these policies can provide insights into tools that may help individuals take control of their personal information. Joseph Jerome is featured to guide viewers on this topic.