Growing concerns from parents surrounding children’s online safety have prompted updates to federal regulation to limit the information that can be collected from and about minors. These evolving regulations necessitate robust compliance strategies to safeguard young users’ data effectively. Ryan Smyth, Marygrace Jay and Michael Spadea of FTI Consulting explore the regulation around children’s online privacy.
Amid an uptick in use of new technologies and platforms that use personal data to customize experiences, organizations, especially those in the educational technology (EdTech), social media and gaming industries, must navigate compliance surrounding children’s privacy regulation while still accomplishing their core business missions. In addition to penalties and fines, failure to comply with children’s privacy regulations could jeopardize an organization’s operations and reputation, with noncompliance potentially leading to the suspension of certain business activities and public perception that the organization is irresponsible or untrustworthy.
Current regulations
In keeping with the global trend of increasing data protection regulation and enforcement, many governments are tightening regulations relating to protecting the privacy of children. For example, the UK’s Online Safety ActПодробнее…
