Microsoft can disclose your data when it feels like it
This is the part you should be most concerned about: Microsoft’s new privacy policy assigns is very loose when it comes to when it will or won’t access and disclose your personal data:
We will access, disclose and preserve personal data, including your content (such as the content of your emails, other private communications or files in private folders), when we have a good faith belief that doing so is necessary to protect our customers or enforce the terms governing the use of the services.
I’m not suggesting Microsoft and its lawyers are alone in making provision for such sweeping power over your data, but we should all be very careful about relying on the “good faith” of corporations. I’m not even sure such a thing exists.
➤ Privacy Statement | Services Agreement [Microsoft] h/t to EDRI for flagging up a number of these issues.