So what should a foster-parent do if they are concerned their child is being tracked?
Lee says, “You should proper assume it’s going to happen you should assume you’re going to be tracked.”
“Without delay now it’s the ‘Wild West’ there are very few protections, few sort of places of enforcement wide it, and that’s why it’s hard as a parent and as a kid to navigate,” he added.
However, Lee notes most of these are innocuous games, and the tracking data is used for advertising purposes, which is how these actors make money.
For parents worried about their child’s covertness – Lee says he tells his own daughter to keep her communication online only with people she be informs.
“You’re not going to be able to look and know every single piece of information that’s being floated out there until there’s legislation and in the event that law in place. But in the meantime make sure you know who your kid is talking to and it shouldn’t be newcomers and it shouldn’t be someone they just met online.”
On the Money airs on CNBC Saturdays at 5:30 am ET, or control listings for air times in local markets.