What is the primary objective of **COPPA**?

**The primary objective of COPPA is to protect the privacy of children under 13 by requiring verifiable parental consent before operators collect, use, or disclose their personal information.** Enacted in 1998 and effective April 21, 2000, COPPA mandates operators of commercial websites, online services, mobile apps, and IoT devices directed to children—or with actual knowledge of collecting data from them—to post privacy policies, limit collection to necessities, ensure data security, and provide parents with access, review, and deletion rights (16 CFR Part 312).

Who is legally or professionally required to comply with **COPPA**?

**Operators of commercial websites, online services, mobile apps, and IoT devices that are directed to children under 13 or have actual knowledge of collecting personal information from them must comply with COPPA.** This includes entities collecting or benefiting from such data (e.g., ad networks), with extraterritorial application to services processing U.S. children's data; non-profits are exempt if not commercial.

Does **COPPA** require an external audit or third-party certification?

**COPPA does not require mandatory external audits or third-party certification for all operators.** Compliance can be achieved directly via FTC rules, though operators may participate in voluntary FTC-approved safe harbor programs (e.g., iKeepSafe approved 2014, ESRB modifications 2018) that involve self-regulatory audits.

How often should an assessment for **COPPA** be performed?

**COPPA does not prescribe a fixed frequency for assessments, but operators should conduct regular internal reviews to ensure ongoing compliance with evolving data practices and FTC guidance.** Assessments are recommended during privacy policy updates, technology changes, or after FTC regulatory reviews (e.g., comment periods extended to December 2019).

What are the consequences of non-compliance with **COPPA**?

**Non-compliance with COPPA results in civil penalties enforced by the FTC under Section 5 of the FTC Act, up to $43,792 per violation, with state AGs able to sue.** High-profile cases include YouTube's $170 million fine in 2019 for unconsented tracking on child-directed content; additional risks include injunctions, data deletion orders, and reputational damage.

Can **COPPA** be mapped to other international frameworks?

**COPPA serves as a standalone U.S. federal law and is not formally mapped to other international frameworks within its regulatory structure.** While its principles like parental consent and data minimization align conceptually with global privacy laws, operators must address COPPA independently for U.S. children's data.

What is the first step to begin implementing **COPPA**?

**The first step to implement COPPA is to conduct an audience analysis to determine if your website, app, or service is directed to children under 13 or has actual knowledge of collecting their data.** This involves reviewing content appeal (e.g., cartoons, games), traffic analytics for behavioral signals, and posting a comprehensive privacy policy outlining data practices.

What is the primary objective of **ISO 55001**?

**ISO 55001 specifies requirements for establishing, implementing, maintaining, and continually improving an Asset Management System (AMS) to realize value from assets.** It follows Annex SL high-level structure and PDCA cycle across Clauses 4–10, linking organizational context (Clause 4) to the Strategic Asset Management Plan (SAMP, Clause 6), operational controls (Clause 8), and performance evaluation (Clauses 9–10). The 2024 revision emphasizes decision-making frameworks (Clause 4.5) and climate change relevance (Clause 4.1).

Who is legally or professionally required to comply with **ISO 55001**?

**ISO 55001 is voluntary but applies to any asset-intensive organization seeking to optimize asset lifecycle value.** Targeted sectors include utilities, transport, manufacturing, infrastructure, and public sector operators managing physical assets like networks, fleets, and plants. Top management must demonstrate commitment (Clause 5), with applicability determined by internal/external issues, stakeholder needs, and asset portfolio scope (Clause 4.3).

Does **ISO 55001** require an external audit or third-party certification?

**ISO 55001 does not mandate external audits or certification, but certification by accredited bodies confirms AMS conformity.** Organizations perform internal audits (Clause 9.2) and management reviews (Clause 9.3) for suitability, adequacy, and effectiveness. Certification involves Stage 1 (documentation) and Stage 2 (evidence) audits, followed by annual surveillance and triennial recertification.

How often should an assessment for **ISO 55001** be performed?

**ISO 55001 requires internal audits at planned intervals suitable to risks and processes (Clause 9.2).** Management reviews occur at planned intervals (Clause 9.3), typically annually or more frequently for high-risk portfolios. Competence assessments (Clause 7.2), performance monitoring (Clause 9.1), and continual improvement (Clause 10) ensure ongoing evaluation aligned with context changes.

What are the consequences of non-compliance with **ISO 55001**?

**Non-compliance with ISO 55001 risks operational failures, regulatory breaches, financial losses, and lost contracts, as it lacks direct legal penalties.** Certification withdrawal signals weak governance; internal gaps undermine asset value realization, expose outsourcing risks (Clause 8.3), and fail PDCA-driven improvements, leading to uncontrolled costs, safety incidents, and stakeholder distrust.

Can **ISO 55001** be mapped to other international frameworks?

**Yes, ISO 55001 uses Annex SL high-level structure for seamless integration with other management system standards.** Clauses 4–10 align with PDCA, enabling shared processes for document control, internal audits, competence, and management reviews. ISO 55000 provides normative terminology, while ISO 55002 offers non-normative implementation guidance.

What is the first step to begin implementing **ISO 55001**?

**The first step is determining organizational context per Clause 4, identifying internal/external issues, stakeholders, and AMS scope.** Develop the SAMP (Clause 6) to link context to asset management objectives, supported by top management commitment (Clause 5) and a gap analysis against the 72 "shall" requirements.

COPPA vs ISO 55001

Standards Comparison

COPPA

Mandatory

1998

U.S. regulation requiring parental consent for child data collection

ISO 55001

Voluntary

2014

International standard for asset management systems

Quick Verdict

COPPA mandates parental consent for child data collection online, enforced by FTC fines, while ISO 55001 provides voluntary certification for asset lifecycle management. Companies adopt COPPA for legal compliance in kid tech; ISO 55001 for governance, efficiency, and market trust in asset-heavy sectors.

Children Privacy

COPPA

Children's Online Privacy Protection Act (COPPA)

Cost

€€€€

Complexity

High

Implementation Time

6-12 months

Key Features

Requires verifiable parental consent before collecting children's data
Targets child-directed websites, apps, and IoT operators
Broad PII definition includes persistent IDs and geolocation
Mandates parental access, review, and data deletion rights
FTC enforcement with up to $43,792 per violation penalties

Asset Management

ISO 55001

ISO 55001:2024 Asset management — Management systems — Requirements

Cost

€€€€

Complexity

High

Implementation Time

12-18 months

Key Features

Strategic Asset Management Plan (SAMP) linking strategy to operations
Annex SL structure for integration with other ISO standards
Formal asset decision-making framework with explicit criteria
PDCA cycle for continual improvement and performance evaluation
Risk-opportunity separation and outsourcing controls

Detailed Analysis

A comprehensive look at the specific requirements, scope, and impact of each standard.

COPPA Details

What It Is

Children's Online Privacy Protection Act (COPPA), enacted 1998 and effective 2000, is a U.S. federal regulation enforced by the FTC. It safeguards children under 13 from unauthorized personal data collection by commercial online operators. Key approach: empowers parents via verifiable parental consent (VPC) before collection, use, or disclosure.

Key Components

**VPC mechanismsCredit cards, video calls, 11+ methods.
**Privacy noticesComprehensive data practice disclosures.
**PII scopeNames, addresses, device IDs, geolocation, audio/video.
**Parental rightsReview, delete, revoke consent.
**Data rulesSecurity, minimization, no child-conditioning. Safe harbors provide audited compliance paths.

Why Organizations Use It

Avoids FTC penalties ($43,792/violation; YouTube $170M fine). Mitigates privacy risks, ensures legal operation for child services, builds parental/stakeholder trust, supports global U.S.-targeted business.

Implementation Overview

Analyze child appeal, deploy age screens/VPC, post policies, secure data. Applies to commercial sites/apps/IoT worldwide. Key steps: audits, training, third-party reviews. Typical for mid-size orgs; FTC investigates violations.

ISO 55001 Details

What It Is

ISO 55001:2024 is the international standard specifying requirements for an Asset Management System (AMS). It provides a management system framework to establish, implement, maintain, and improve processes that realize value from assets across their lifecycles. Applicable to any organization managing physical, infrastructure, or other assets, it uses a risk-based, PDCA (Plan-Do-Check-Act) approach aligned with Annex SL high-level structure.

Key Components

Clauses 4-10 cover context, leadership, planning, support, operation, performance evaluation, and improvement.
72 mandatory 'shall' requirements, including Strategic Asset Management Plan (SAMP) and decision-making framework.
Built on ISO 55000 principles and terminology; certification via accredited third-party audits.

Why Organizations Use It

Drives value optimization, balancing cost, risk, and performance.
Meets regulatory pressures, enhances resilience (e.g., climate change considerations).
Builds stakeholder trust, breaks silos, supports ESG and competitive bidding.

Implementation Overview

Phased approach: gap analysis, SAMP development, process integration, training.
Suited for asset-intensive sectors like utilities, transport; scalable by size.
Involves audits, management reviews; certification every 3 years.

Key Differences

Aspect	COPPA	ISO 55001
Scope	Child online privacy under 13	Asset management systems lifecycle
Industry	Online services, apps, adtech global	Utilities, infrastructure, manufacturing worldwide
Nature	Mandatory US federal law FTC enforced	Voluntary certification management standard
Testing	FTC audits, compliance reviews ongoing	Internal audits, certification body reviews
Penalties	$43k per violation, $170M fines	Loss of certification, no legal fines

Scope

COPPA

Child online privacy under 13

ISO 55001

Asset management systems lifecycle

Industry

COPPA

Online services, apps, adtech global

ISO 55001

Utilities, infrastructure, manufacturing worldwide

Nature

COPPA

Mandatory US federal law FTC enforced

ISO 55001

Voluntary certification management standard

Testing

COPPA

FTC audits, compliance reviews ongoing

ISO 55001

Internal audits, certification body reviews

Penalties

COPPA

$43k per violation, $170M fines

ISO 55001

Loss of certification, no legal fines

Frequently Asked Questions

Common questions about COPPA and ISO 55001

COPPA FAQ

ISO 55001 FAQ

You Might also be Interested in These Articles...

CIS Controls v8.1, Operationalized: Top 10 Reasons Compliance Monitoring Software Accelerates Real-World Implementation

Operationalize CIS Controls v8.1 with compliance monitoring software. Turn checklists into dashboards, tickets, and audit-proof workflows. Top 10 reasons it acc

NIST 800-53 Private Sector ROI Reality Check: Isolating Control Family Impacts on 2024 Breach Costs

Discover NIST 800-53 ROI in private sector: control families like RA, SI, SR reduce median breach costs from $100K to under $50K. Get benchmarks to prioritize i

CMMC Level 2 Implementation Guide for Small DIB Contractors: First 5 Steps to C3PAO Certification with Infographic

Actionable CMMC Level 2 guide for small DIB contractors: 5-step roadmap to C3PAO certification with infographic on timelines, costs & POA&Ms. Achieve DoD compli

Run Maturity Assessments with GRADUM

Transform your compliance journey with our AI-powered assessment platform

Assess your organization's maturity across multiple standards and regulations including ISO 27001, DORA, NIS2, NIST, GDPR, and hundreds more. Get actionable insights and track your progress with collaborative, AI-powered evaluations.

100+ Standards & Regulations

AI-Powered Insights

Collaborative Assessments

Actionable Recommendations

Check out these other Gradum.io Standards Comparison Pages

ISO 9001 vs IEC 62443

ISO 9001 vs IEC 62443: Compare quality mgmt (PDCA, risk-based QMS) with IACS cybersecurity (zones, SLs). Boost ops, compliance & resilience. Discover now!

WCAG vs ISO 17025

Compare WCAG vs ISO 17025: Key differences in web accessibility (WCAG POUR principles) & lab competence standards. Unlock compliance strategies for digital & testing excellence now.

FDA 21 CFR Part 11 vs GDPR UK

Explore FDA 21 CFR Part 11 vs UK GDPR: key differences in electronic records, signatures, validation & enforcement. Master compliance strategies now!

COPPA

ISO 55001

Quick Verdict

COPPA

Key Features

ISO 55001

Key Features

Detailed Analysis

COPPA Details

What It Is

Key Components

Why Organizations Use It

Implementation Overview

ISO 55001 Details

What It Is

Key Components

Why Organizations Use It

Implementation Overview

Key Differences

Scope

Industry

Nature

Testing

Penalties

Frequently Asked Questions

COPPA FAQ

What is the primary objective of COPPA?

Who is legally or professionally required to comply with COPPA?

Does COPPA require an external audit or third-party certification?

How often should an assessment for COPPA be performed?

What are the consequences of non-compliance with COPPA?

Can COPPA be mapped to other international frameworks?

What is the first step to begin implementing COPPA?

ISO 55001 FAQ

What is the primary objective of ISO 55001?

Who is legally or professionally required to comply with ISO 55001?

Does ISO 55001 require an external audit or third-party certification?

How often should an assessment for ISO 55001 be performed?

What are the consequences of non-compliance with ISO 55001?

Can ISO 55001 be mapped to other international frameworks?

What is the first step to begin implementing ISO 55001?

You Might also be Interested in These Articles...

CIS Controls v8.1, Operationalized: Top 10 Reasons Compliance Monitoring Software Accelerates Real-World Implementation

NIST 800-53 Private Sector ROI Reality Check: Isolating Control Family Impacts on 2024 Breach Costs

CMMC Level 2 Implementation Guide for Small DIB Contractors: First 5 Steps to C3PAO Certification with Infographic

Run Maturity Assessments with GRADUM

Check out these other Gradum.io Standards Comparison Pages

ISO 9001 vs IEC 62443

WCAG vs ISO 17025

FDA 21 CFR Part 11 vs GDPR UK