Do banks and financial service companies that use third party behavioral advertising cookies deploy cookie notices?

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Approximately 78% of banks and financial institutions that deploy a significant number of third party behavioral advertising cookies on their websites do not utilize a cookie notice.  The 22% of banks and financial institutions that do deploy a cookie notice are split in terms of whether the notice informs website visitors of the use of advertising cookies, asks visitors to provide prior consent for advertising cookies, or gives visitors the ability to opt-out of cookie-use.1

For more information and resources about the CCPA visit http://www.CCPA-info.com.


This article is part of a multi-part series published by BCLP to help companies understand and implement the General Data Protection Regulation, the California Consumer Privacy Act and other privacy statutes.  You can find more information on the CCPA in BCLP’s California Consumer Privacy Act Practical Guide, and more information about the GDPR in the American Bar

1. BCLP, February 2020: Survey of the Banking and Financial Service Privacy Representations.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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