Privacy Settings

The cloud is good. But the rest off

AVG are changing their Privacy T&C's, to this:-

We collect non-personal data to make money from our free offerings so we can keep them free, including:
I think therfore i want to change my settings to block this.
Do I do this by going into this path from the AVG Icon Options/Advanced Settings/Privacy Protection?
Also should I leave the statement "Allow in the Cloud verification of threat detection" checked?
Thanks in advance

The cloud is good. But the rest off

Jonas,Thanks
That is exactly how I have modified my settings