Your small business could be on the hook for a bundle without a privacy policy. The GDPR allows penalties for non-compliance up to 4% of a company’s revenues.COPPA levies fines of up to $40,000 for each child whose information was collected improperly.A business can receive up to $2,500 in fines each time a state resident downloads a non-compliant mobile application in California.Violating a data privacy regulation can be expensive: Penalties for Violating a Privacy Regulation Canada’s Personal Information Protection and Electronic Documents Act ( PIPEDA): Requires organizations to be transparent about their handling of personal information by including a privacy policy on their site.California Online Privacy Protection Act of ( CalOPPA): Requires a privacy policy that goes over what data you collect, how users can request to review their data, and whether data is shared with third parties.California Consumer Privacy Act ( CCPA): Requires a privacy policy that includes a notice of collection, contact information, and a Do Not Sell My Personal Information link.General Data Protection Regulation ( GDPR): Requires a privacy policy that describes your data handling practices and users’ rights over their data. Laws That Require Your Small Business To Have a Privacy Policy A data breach or the mishandling of information can bring serious legal consequences. If you share personal information without your customers’ knowledge, you could infringe on local laws. You are not exempt from the need for a privacy policy because your business is small.Īny business that shares and uses information needs to have a privacy policy. Does My Small Business Need A Privacy Policy? It lets them know whether you keep their information confidential, share with anyone, or sell it to other businesses.īeyond providing transparency, a privacy policy keeps your business compliant with the patchwork of privacy laws in the US and around the world. Privacy Policies Explained for Small BusinessesĪ privacy policy is a legal statement that tells your customers how, when, and why you gather their information and what you do with it. Small Business Privacy Policy Template.Good Examples of a Small Company Privacy Policy.Where To Post Your Business's Privacy Policy.What Makes a Good Small Business Privacy Policy?.What’s Inside a Small Business Privacy Policy Template?.Does My Small Business Need A Privacy Policy?.Privacy Policies Explained for Small Businesses. Use our free privacy policy generator to create a comprehensive policy for your small business in minutes.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |