GDPR Compliance
Learn about how fivebucks.ai complies with the General Data Protection Regulation (GDPR) and protects your data rights.
Our Commitment to GDPR Compliance
At fivebucks.ai, we are committed to ensuring the privacy and protection of your personal data in compliance with the General Data Protection Regulation (GDPR). We have implemented comprehensive measures to safeguard your information and respect your data rights.
The GDPR is a regulation in EU law on data protection and privacy that applies to all individuals within the European Union and the European Economic Area. It also addresses the transfer of personal data outside these areas. The GDPR aims to give individuals control over their personal data and to simplify the regulatory environment for international business.
This page outlines how we comply with GDPR requirements and how you can exercise your rights under the GDPR. For more detailed information about how we collect, use, and protect your data, please refer to our Privacy Policy.
How We Comply with GDPR
Lawful Basis for Processing
We only process your personal data when we have a lawful basis to do so. The lawful bases we rely on include:
- Consent: You have given clear consent for us to process your personal data for a specific purpose.
- Contract: The processing is necessary for a contract we have with you, or because you have asked us to take specific steps before entering into a contract.
- Legitimate Interests: The processing is necessary for our legitimate interests or the legitimate interests of a third party, unless there is a good reason to protect your personal data which overrides those legitimate interests.
Data Protection Measures
We have implemented appropriate technical and organizational measures to ensure a level of security appropriate to the risk, including:
- Encryption of personal data
- Regular testing and evaluation of security measures
- Strict access controls and authentication mechanisms
- Data minimization practices
- Staff training on data protection
Data Processing Agreements
We have data processing agreements in place with all third-party processors who handle personal data on our behalf. These agreements ensure that they:
- Process the data only on our documented instructions
- Ensure that persons authorized to process the data have committed to confidentiality
- Implement appropriate security measures
- Assist us in fulfilling our obligations to data subjects
- Delete or return all personal data after the end of the provision of services
Data Breach Procedures
We have procedures in place to detect, report, and investigate personal data breaches. In the event of a breach that is likely to result in a risk to your rights and freedoms, we will:
- Notify the relevant supervisory authority within 72 hours
- Notify affected individuals without undue delay
- Document the facts relating to the breach, its effects, and the remedial action taken
Your Rights Under GDPR
Right to Access
You have the right to request copies of your personal data that we process.
Right to Rectification
You have the right to request that we correct any inaccurate or incomplete personal data.
Right to Erasure
You have the right to request that we delete your personal data in certain circumstances.
Right to Restrict Processing
You have the right to request that we restrict the processing of your personal data in certain circumstances.
Right to Data Portability
You have the right to request that we transfer your personal data to another organization or directly to you.
Right to Object
You have the right to object to our processing of your personal data in certain circumstances.
How to Exercise Your Rights
You can exercise your GDPR rights by contacting our Data Protection Officer at privacy@fivebucks.ai or by using the data subject request form in your account settings. We will respond to your request within one month.
To help us process your request, please provide the following information:
- Your name and contact details
- The specific right you wish to exercise
- Any information that will help us locate your data
- Proof of your identity (we may need to verify your identity to protect your information)
International Data Transfers
As a global company, we may transfer your personal data to countries outside the European Economic Area (EEA). When we do so, we ensure that appropriate safeguards are in place to protect your data, such as:
- Standard Contractual Clauses approved by the European Commission
- Binding Corporate Rules for transfers within our corporate group
- Transfers to countries with an adequacy decision from the European Commission
Data Protection Officer
We have appointed a Data Protection Officer (DPO) who is responsible for overseeing questions in relation to this GDPR compliance statement and our privacy practices. If you have any questions about this statement or how we handle your personal data, please contact our DPO at:
Data Protection Officer
fivebucks.ai
Email: privacy@fivebucks.ai
Address: 20 Cecil Street, #05-03, Singapore 049705
Complaints to Supervisory Authority
If you believe that our processing of your personal data infringes data protection laws, you have the right to lodge a complaint with a supervisory authority responsible for data protection. You may do so in the EU member state of your habitual residence, your place of work, or the place of the alleged infringement.
However, we would appreciate the chance to deal with your concerns before you approach a supervisory authority, so please contact us in the first instance.
Have Questions About GDPR?
If you have any questions about our GDPR compliance or how we handle your personal data, please don't hesitate to contact us.