Laws That Protects Your Personal Information

Data privacy laws are designed to protect the personal data of individuals. These laws regulate how companies collect, store and use this information. They also dictate when a company must notify an individual that their data has been compromised or lost. 

The goal of these regulations is to ensure that consumers have control over who can access their personal information and for what purposes it may be used.

There are many benefits to having a strong data privacy policy in place including increased customer trust, reduced risk of litigation, and improved employee morale among others.

It’s important for any business owner looking into implementing a new data privacy policy to weigh both sides before making a decision on which route will work best for them specifically based on their needs and goals for the future growth of their organization.

You should always read through any terms of service before agreeing so you understand what kind of information they will have access to and what they might do with it.

However, there are also potential drawbacks such as higher costs associated with compliance and decreased productivity due to additional administrative tasks required by the law.

Some of the privacy acts are as follows

  • The Privacy Act of 1974 (5 U.S.C. § 552a) protects personal information held by the federal government by preventing unauthorized disclosures of such information.
  • The Family Educational Rights and Privacy Act (FERPA) that protects students’ personal information.
  • The Fair Credit Reporting Act (FCRA) governs the collection and use of consumer information
  • California Consumer Privacy Act (CCPA) which protects privacy rights for residents of California

The laws were developed to control how personal or customer information is used by organizations or government bodies. It protects people and lays down rules about how data about people can be used. 

The Data Privacy Act also applies to information or data stored on a computer or an organized paper filing system about living people.

Make sure to secure yourself online and offline as well as discover more about what legal protections exist for individuals when their personal information has been compromised by third parties such as hackers, identity thieves, or other criminals.

Natasha Hardy
Community Manager Natasha has worked for cryptocurrency companies before joining the team. Has helped tremendously in managing our community and online presence since.