MetaMask Privacy Update Announced To Promote Information Security For Users

Key Points:

• Consensys updated MetaMask’s privacy statement with detailed IP address handling and data security measures.
• MetaMask privacy update now includes MetaMask Institutional, MetaMask Developer, Linea, Teku, Besu, and Phosphor, removing Codefi and Quorum.
• Consensys commits to not collecting private keys or selling personal information.

Consensys has recently updated its MetaMask privacy statement to provide greater clarity and transparency for its users.

MetaMask Privacy Update Prioritizes Users

MetaMask privacy update outlines specific elements related to the wallet and explains what each element means for its users, emphasizing the company’s commitment to privacy and security.

One of the significant changes includes a more detailed explanation of how IP addresses are handled. Consensys states that IP addresses may be temporarily processed only when necessary to provide services, depending on the user’s MetaMask settings. It aims to enhance user experience and includes protections against DDoS attacks.

The revised privacy statement also offers additional background information on Consensys’ personal information processing activities. It specifies the products and services covered by the privacy statement, notably removing Codefi and Quorum and adding MetaMask Institutional, MetaMask Developer, Linea, Teku, Besu, and Phosphor.

Enhanced User Data Protection Measures

For users, the MetaMask privacy update assures that Consensys will not collect private keys or sell personal information. Personal information will only be collected or retained if it is essential for providing services and ensuring a good user experience.

Although MetaMask does not collect financial payment or banking information directly, users may need to submit this information to third-party providers when using deposit or withdrawal functions. Users can choose their preferred RPC provider and limit various instances of data processing that expose personal information to Consensys or third parties.