“Disclaimer”: These are my speculations, my understandings and my opinions, I can not guarantee that the information below is factually correct nor do I claim it to be. The information below is from my own personal experience and things I have read on this forum, however I have not checked whether these things are true or not and hence I can not guarantee that they are true. (lol disclaimer =P)
Well since the current iteration of the option “Fully Virtualized” seems to actually put the firewall for the sandboxed items in a default allow state (as I have read a little scattered here and there in this forum) I would say that fully virtualized at the current time of writing isn’t very good for privacy. It does block some techniques of keylogging but not all, I think it allows webcam logging(correct me if I’m wrong).
Currently for PRIVACY I would use HIPS, since then if a program is actually trying to do something like that, it would generate an alert (HIPS doesn’t do this for sandboxed items, at least not for me. HIPS in sandbox seems to be 100% automatic) in which you could choose block and terminate.
However that could potentially be quite bothersome since HIPS is notorious for making a lot of alerts, but if you put it in Safe mode you should only get alerts from unknown programs(correct me if I’m wrong) But then again I think the firewall is much better in the ranges Partially Limited to Untrusted and it’s first in Fully Virtualized when the firewall because default allow.(again I haven’t tested this and only read scattered posts on this forum claiming this)
I myself use HIPS set to Safe and BB set to Blocked, the only thing I’m bothered with is that “Blocked” mode for BB doesn’t generate a single alert, so unknow files trying to run might be blocked and put in unrecognized files without your knowing or decision.
But then again keyloggers outside of the Fully Virtualized environment aren’t able to log things within the environment and I think that goes for screen grabbers too(correct me if I’m wrong) so if you want privacy when you’re doing banking etc, then you can reset the sandbox then start the browser in the Kiosk or Fully Virtualized, whichever works best. (Preferably with you browser in incognito mode, if any extensions were to be rogue)
Personally I don’t see why I’d ever want to allow a malware to run at all, even if it’s in a virtualized environment. So if the “Blocked” setting for BB made alerts then it would be much easier for me, but Comodo doesn’t seem to like the idea of alerts for the “Blocked” setting. :-\
cough So to answer your questions… it does seem like that, however I would say that full virtualization partially protects your privacy.