Money Tips for College Students
With kids still attending online classes and many adults still working from their homes, we are using more and more data, which is increasing the possibility of our personal information getting into the wrong hands.
International Data Privacy Day, on January 28, is a worldwide initiative to promote awareness of the importance of privacy online as well as protecting personal information. It also is an effort to remind companies that safeguarding consumers’ privacy is a good business practice.
“The pandemic has ensured that people all over the globe are more connected now than ever before. Consumers are generating more personal data through the use of devices, and the businesses that power that connectivity inevitably collect and store that same data,” said Kelvin Coleman, Executive Director of the National Cyber Security Alliance (NCSA). “Data Privacy Day’s main objective is to be a yearly call-to-action; one that spurs discussion, reevaluation and awareness about how people can keep themselves and their data safe, and to show organizations that accountability, transparency, and a commitment to fair and legitimate data-collection practices will ultimately lead to enhanced public trust and better brand reputation.”
According to the NCSA, Data Protection Day had been observed in Europe, and in January 2008, became known as Data Privacy Day in the United States and Canada. International Data Privacy Day is celebrated on January 28 to commemorate the 1981 signing of Convention 108, the first legally binding international treaty dealing with privacy and data protection.
To protect you and your family, the U.S. Federal Trade Commission (FTC) offers these tips:
Protect your kids:
In addition to urging individuals to be vigilant in protecting themselves online, the NCSA is encouraging businesses “to keep individuals’ personal information safe from unauthorized access and ensuring fair, relevant, and legitimate data collection and processing.”
Businesses are urged to abide by the following practices:
International Data Privacy Day may only be observed once a year, but its principles should be practiced every day to keep your personal information out of the wrong hands.
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