With the legal disclaimer out of the way, let’s look at the questions which are common amongst small business owners regarding privacy polices:
The exact definition of personal information will vary depending on the privacy laws, but generally the following are included:
- Dates of birth
- Addresses (postal and email)
- Payment details
In addition to outlining how the company will use the information, it also includes how it will meet its legal obligations, and how those sharing their data can seek recourse should the company fail to meet those responsibilities.
Laws for privacy policies vary not only by country but may also by state or province. Depending on where your business is located, your website hosted, and your users are from will dictate what privacy laws you are legally required to follow.
- Risk and Liability
Privacy polices are required by law for a website in most first world countries. Failure to have one may lead to fines and lawsuits.
- Customer Trust
- Data Handling Improvements
- Required by Third Party Services
- Personal Information Protection and Electronic Documents Act (PIPEDA) – Canada
- California Online Privacy and Protection Act of 2003 (CalOPPA)
- California Consumer Privacy Act (CCPA)
- Delaware Online Privacy and Protection Act (DOPPA)
- Nevada Revised Statutes Chapter 603A
- General Data Protection Regulation (GDPR) – European Union
- United Kingdom Data Protection Act (UK DPA 2018)
- Australia Privacy Act 1988
Depending on the privacy laws broken, fines can range in the thousands of dollars to millions.
You could contact a lawyer that specializes in privacy polices. They will ask you some questions and then draft up a document for your website. While this may be the easiest thing to do, it is extremely expensive. As a business owner you probably already know, lawyers with specialties cost hundreds of dollars an hour.
The Real Solution
You could do what we have done, which is partner with Termageddon.
This allows your website to be compliant in the United States, Canada, Australia, United Kingdom, European Union, and more.
Since this solution is shared amongst many business owners it is a much cheaper solution and only costs $99 USD per year.
We believe in what Termageddon offers and have incorporated their service into our website design process here at eSilverStrike Consulting.
With all that being said, the documents Termageddon provide you should still be reviewed by a licensed attorney. While they have attorneys on staff, Termageddon itself is not a law firm. They do not have access to all of your business information and therefor does not replace the advice of a licensed attorney. Still, the documents Termageddon provides will ensure smaller fees charged by the lawyer as much less of their time is needed. They will just have to review the documents (instead of creating new ones) and make any notations as needed based on your businesses specific needs.