A new set of filters and speed modifiers aren't the only new additions to Snapchat. The popular social networking app's latest update has also introduced a controversial new privacy policy that has its users in an uproar.

The app is famous for its self-deleting photo messages that become inaccessible once they've been viewed.

By saying yes to the latest edition of the app's terms of service, you're basically licensing everything you've ever posted to Snapchat.

'you grant Snapchat a worldwide, perpetual, royalty-free, sublicensable, and transferable license to host, store, use, display, reproduce, modify, adapt, edit, publish, create derivative works from, publicly perform, broadcast, distribute, syndicate, promote, exhibit, and publicly display that content in any form and in any and all media or distribution methods (now known or later developed).' Reads the updated ToS.

It's not just Snapchat that has these rights either. The new ToS says that the company's affiliates have rights to your content as well.

'To the extent it's necessary, you also grant Snapchat and our business partners the unrestricted, worldwide, perpetual right and license to use your name, likeness, and voice in any and all media and distribution channels (now known or later developed) in connection with any Live Story or other crowd-sourced content you create, upload, post, send, or appear in. This means, among other things, that you will not be entitled to any compensation from Snapchat or our business partners if your name, likeness, or voice is conveyed through the Services.'

Former House and Harold and Kumar actor Kal Penn was one of the first to shed light on the controversial new changes. Shortly after the update he tweeted:

'Read the new @Snapchat privacy/legal policies before deciding whether to click yes. Scary stuff in there, kids.'