Which statement regarding personal information is true?

To determine the truthfulness about personal information, it's essential to analyze the statements made in the question. Given that the response identifies that only Statement 2 is true, it indicates that Statement 2 likely provides a correct definition or fact about personal information as defined under data privacy laws.

Personal information typically refers to any data that relates to an identified or identifiable individual. This can include a range of identifiers such as names, identification numbers, location data, online identifiers, or specific characteristics pertaining to physical, physiological, genetic, mental, economic, cultural, or social identity. Since Statement 2 is recognized as true, it likely aligns with this comprehensive understanding of personal information under data protection guidelines.

However, Statement 1 being false suggests that it may contain inaccuracies or misinterpretations regarding personal information that do not conform to established legal definitions or standards. Therefore, the evaluation of Statement 2 as true signifies a correct understanding of what constitutes personal information within the context of data privacy legislation.