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Your privacy statement must accurately reflect your site's data collection and use. Your privacy statement should be clear, direct, and easy to understand. Keep technical jargon and legal terminology to a minimum. If you decide to modify how you use personal information, you must inform your users.
Yes, you need a privacy policy on your website. If you collect personal information from users, many laws require you to include a privacy policy on your site that explains your data-handling practices.
As stated earlier, ALL websites interact with user data in some way. This means that if you have a website and you intend to have people visit that website, then it's mandatory that you include a privacy policy. The law requires you to inform users about what data you collect, how it's used, stored and protected.
Arizona has a data breach notification law that requires businesses and government entities to notify individuals if their personal information is reasonably believed to have been compromised in a data breach.
Laws and third parties may require you to have one on display, and not being compliant can be costly. Even if you don't collect any personal information, display a short Privacy Policy that simply states this to help you remain trustworthy with your users and in the eyes of privacy law authorities.