The idea that 'company time' and 'company equipment' gives the company absolute right to record and ownership of recording is almost feudal.
Imagine I were to die in the office in some embarrasing way, on company time, in full view of company CCTV, do they have the right to upload the video to YouTube to make money from it?
What if they record audio of me at home, can they publish it? Can they show it to anyone at the company?
What if audio is recorded outside of compaby time by a company laptop thats had its lid closed? What if it's recording 24/7?
Are they allowed to snoop on traffic of my home network? If I have a home camera thats not password protected, can they help themselves to that Video?
If my network drive has no password, is it okay if they help themselves to those files?