The Importance of Privacy Policies for Websites
Understanding Privacy Policies
Other data collection examples include tracking the link a customer followed to reach your website or the demographic information they provide. Additionally, you must explain why your business collects this information and how customers can opt out of data collection.
Examples of privacy laws include the Nevada Revised Statutes Chapter 603A, California Online Privacy and Protection Act of 2003 (CalOPPA), Children’s Online Privacy Protection Act (COPPA), General Data Protection Regulation (GDPR) for EU residents, and many more.
Fines can range from $2,500 per violation to nearly a million dollars in total through failure to comply with these laws. Per violation means that you are fined each time a user visits your website, and you put their PII at risk through insufficient data protection and disclosure of usage information.