Question:

State whether the following statement is True or False:
In terms of data privacy, companies are considered the sole owners of user data.

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Users own their data; companies must protect it and use it lawfully.
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Solution and Explanation

This statement is False.
In modern data privacy laws and practices, users are recognized as the primary owners of their own personal data.
Companies act as data custodians or processors who must handle user data responsibly and transparently.
Laws like the GDPR (General Data Protection Regulation) in Europe and other privacy frameworks worldwide give individuals rights over their personal data.
These rights include consent, access, correction, and deletion of their data.
Therefore, companies cannot be considered the sole owners — they must comply with privacy laws that protect user rights.
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