Monitoring a privacy rating for an application or website

1. A method of monitoring privacy risk, the method comprising:

awaiting satisfaction of a trigger condition;

upon detecting the satisfaction of the trigger condition, obtaining a current version of a policy associated with an application or website, the current version of the policy being in a machine-readable format;

comparing the current version of the policy against a previous version of the policy associated with the application or website to identify one or more differences in key words or phrases, the one or more differences in key words or phrases including one or more added key words, added phrases, removed key words, or removed phrases, each of the one or more differences in key words or phrases corresponding to one or more interactions of the application or website, the one or more interactions comprising use of functionality of a computing device or use of personal information of a user;

for each difference in key word or phrase previously associated with a particular level of privacy risk, retrieving the particular level of privacy risk for the difference in keyword or phrase from a database;

for each difference in keyword or phrase not previously associated with the particular level of privacy risk:

generating a respective level of privacy risk associated with one or more particular interactions of the application or website corresponding to the difference in key word or phrase;

associating the respective level of privacy risk to the difference in key word or phrase; and

storing in the database the difference in key word or phrase and the respective level of privacy risk associated with the difference in key word or phrase;

generating a current privacy risk score based at least on each of the particular levels of privacy risk and on each of the respective levels of privacy risk associated with the one or more differences in key words or phrases for the current version of the policy associated with the application or website;

determining if there was a privacy risk change based on the current version of the policy in view of the previous version of the policy; and

if there was a privacy risk change, then notifying the user of the privacy risk change.

2. The method of claim 1 , wherein the trigger condition includes a determination whether a predetermined amount of time has elapsed.

3. The method of claim 1 , wherein the trigger condition is based on a notification preference set by the user.

4. The method of claim 1 , wherein the previous version of the policy includes a stored version of the policy that was used to generate a previous privacy risk score.

5. The method of claim 1 , wherein the current privacy risk score indicates a level of privacy risk associated with the application or website.

6. The method of claim 1 , wherein the current privacy risk score indicates a level of privacy risk associated with a category associated with the application or website.

7. The method of claim 1 , wherein the privacy risk change includes a change between the current privacy risk score and a previous privacy risk score.

8. The method of claim 1 , wherein the privacy risk change includes a change in the one or more interactions of the application or website.

9. The method of claim 1 , wherein the step of generating the current privacy risk score for the application or website comprises:

generating a current privacy risk score for the current version of the policy based at least on each of the particular levels of privacy risk and on each of the respective levels of privacy risk associated with the one or more differences in key words or phrases; and

generating the current privacy risk score for the application or website based on the current privacy risk score for the current version of the policy.

10. The method of claim 1 , wherein the policy includes at least one of a privacy policy, a terms and conditions agreement, a data usage policy, a terms of use policy, a terms of service agreement, permissions, an agreement requiring acceptance prior to execution of the application or website, a social media policy, a website user policy, a customer loyalty program agreement, or a financial services agreement.

11. A system comprising:

at least one processor;

memory coupled to the at least one processor; and

program instructions stored in the memory and executable by the at least one processor, the program instructions when executed by the at least one processor causing the at least one processor to perform the steps of:

awaiting satisfaction of a trigger condition;

upon detecting the satisfaction of the trigger condition, obtaining a current version of a policy associated with an application or website, the current version of the policy being in a machine-readable format;

comparing the current version of the policy against a previous version of the policy associated with the application or website to identify one or more differences in key words or phrases, the one or more differences in key words or phrases including one or more added key words, added phrases, removed key words, or removed phrases, each of the one or more differences in key words or phrases corresponding to one or more interactions of the application or website, the one or more interactions comprising use of functionality of a computing device or use of personal information of a user;

for each difference in key word or phrase previously associated with a particular level of privacy risk, retrieving the particular level of privacy risk for the difference in keyword or phrase from a database;

for each difference in keyword or phrase not previously associated with the particular level of privacy risk:

generating a respective level of privacy risk associated with one or more particular interactions of the application or website corresponding to the difference in key word or phrase;

associating the respective level of privacy risk to the difference in key word or phrase; and

storing in the database the difference in key word or phrase and the respective level of privacy risk associated with the difference in key word or phrase;

generating a current privacy risk score based at least on each of the particular levels of privacy risk and on each of the respective levels of privacy risk associated with the one or more differences in key words or phrases for the current version of the policy associated with the application or website;

determining if there was a privacy risk change based on the current version of the policy in view of the previous version of the policy; and

if there was a privacy risk change, then notifying the user of the privacy risk change.

12. The system of claim 11 , wherein the trigger condition includes a determination whether a predetermined amount of time has elapsed.

13. The system of claim 11 , wherein the trigger condition is based on a notification preference set by the user.

14. The system of claim 11 , wherein the previous version of the policy includes a stored version of the policy that was used to generate a previous privacy risk score.

15. The system of claim 11 , wherein the current privacy risk score indicates a level of privacy risk associated with the application or website.

16. The system of claim 11 , wherein the current privacy risk score indicates a level of privacy risk associated with a category associated with the application or website.

17. The system of claim 11 , wherein the privacy risk change includes a change between the current privacy risk score and a previous privacy risk score.

18. The system of claim 11 , wherein the privacy risk change includes a change in the one or more interactions of the application or website.

19. The system of claim 11 , wherein the step of generating the current privacy risk score for the application or website comprises:

generating a current privacy risk score for the current version of the policy based at least on each of the particular levels of privacy risk and on each of the respective levels of privacy risk associated with the one or more differences in key words or phrases; and

generating the current privacy risk score for the application or website based on the current privacy risk score for the current version of the policy.

20. The system of claim 11 , wherein the policy includes at least one of a privacy policy, a terms and conditions agreement, a data usage policy, a terms of use policy, a terms of service agreement, permissions, an agreement requiring acceptance prior to execution of the application or website, a social media policy, a website user policy, a customer loyalty program agreement, or a financial services agreement.