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As companies collect more information than ever before, developing a privacy policy takes on a greater level of importance. This course talks about the key elements that a privacy policy should have, its region-specific requirements as well as the implications of non-compliance to privacy laws.
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Privacy Policy Course - Lesson Excerpt
Key Elements of a Privacy Policy
What is a Privacy Policy? It is a legal document that specifies what types of personal data you will collect from users, how it will be processed and how you plan to protect it.
For instance, are you collecting usage data?
Are you tracking their geographical location?
Or are you using third-party services?
Which among the following should be specified in your privacy policy?
Question #3: What is the legal basis for the data collection? This is in compliance with the GDPR law, but it is still applicable under other legislations. In collecting personal data, there are six legal bases but only two of them are important for businesses -- consent and legitimate interest.
Question #6: What rights do users have? It’s important to clarify in your policy if users can see the data you have collected from them or if they can change, erase or block their data. This is mandatory under European regulations.
Privacy Policy Course - Lesson Excerpt
Region-Specific Requirements
California Online Privacy Protection Act (CalOPPA) This is one of the strictest privacy laws in the US. It was implemented in 2004 and was made to protect personal data collected from California residents. It mandates that websites and applications have a Privacy Policy that is both visible and accessible.
All companies under this law are required to be clear and transparent about how they obtain data, which they should disclose in their up-to-date Privacy Policy. Their Privacy Policy should specify: What kinds of personal data that they will collect and hold How they will collect and hold such information Why it is collected, held, used and disclosed How people can access such information and request amendments How people can complain about a breach of the Australian Privacy Principles And whether data gathered will be disclosed to overseas recipients
It is important to remember that there are laws in different countries and regions that require companies to have a Privacy Policy.
Take time to review your company’s privacy policies to ensure that you are in compliance with the laws in the jurisdictions where your clients are and protect their data with confidence.
Privacy Policy Course - Lesson Excerpt
Consequences of Non-Compliance
For example, if a report has been made, authorities may choose to perform an audit of your data processing operations. Once a violation has been confirmed, you will be fined and forbidden to use of the data subject of the inquiry further
There are several kinds of consequences that come with not adhering to privacy regulations, depending on where you reside. Knowing the importance of complying with such laws is part of your company's responsibility.
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