Final answer:
Licensees must keep the Commission updated with their personal data changes. Personal data includes identifiable information like name and Social Security number. Laws like COPPA protect such data, with strict compliance required by licensees.
Step-by-step explanation:
All licensees must keep the Commission informed of changes to their personal data. In the context of cyber data privacy, personal data refers to information that can be used to uniquely identify, contact, or locate a single person or can be used with other sources to uniquely identify an individual.
This could include a variety of details such as name, address, email, date of birth, or more sensitive types of data like Social Security numbers.
State and federal laws, such as the Children's Online Privacy Protection Act of 1998 (COPPA), play a critical role in protecting this personal data, especially online.
These regulations are designed to ensure that businesses and organizations maintain the confidentiality and security of the personal data they collect, especially when it pertains to minors. European countries often have even stricter data privacy laws, offering a higher level of protection for personal information.
It is essential for licensees to comply with these regulations to protect the privacy of individuals and preserve the integrity and security of their operations. Failure to do so could lead to significant legal consequences, including fines and reputational damage.