Security Policy
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Security Policy
Effective Date: 14-May-2024
At Peymo Ltd., the security of our customers' information is of utmost importance. This Security Policy outlines the measures we take to protect your personal data and ensure the integrity, confidentiality, and availability of our systems.
1. Data Protection Principles
We adhere to the following data protection principles to ensure your data is handled securely:
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Lawfulness, Fairness, and Transparency: We process personal data lawfully, fairly, and in a transparent manner.
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Purpose Limitation: We collect personal data for specified, explicit, and legitimate purposes and do not process it in a manner incompatible with those purposes.
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Data Minimization: We ensure that personal data collected is adequate, relevant, and limited to what is necessary.
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Accuracy: We take reasonable steps to ensure personal data is accurate and kept up to date.
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Storage Limitation: We retain personal data only for as long as necessary for the purposes for which it is processed.
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Integrity and Confidentiality: We process personal data in a manner that ensures appropriate security, including protection against unauthorized or unlawful processing, accidental loss, destruction, or damage.
2. Security Measures
We employ a variety of security measures to protect your personal data:
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Encryption: We use encryption to protect sensitive data both in transit and at rest.
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Access Controls: We implement strict access controls to ensure that only authorized personnel have access to personal data.
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Authentication: We use multi-factor authentication (MFA) to enhance the security of user accounts.
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Network Security: Our network is protected by firewalls, intrusion detection systems (IDS), and intrusion prevention systems (IPS) to prevent unauthorized access.
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Regular Audits: We conduct regular security audits and assessments to identify and mitigate potential vulnerabilities.
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Training and Awareness: We provide regular training to our employees on data protection and information security best practices.
3. Incident Response
We have a comprehensive incident response plan to address any potential data breaches or security incidents:
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Detection and Reporting: We have systems in place to detect and report security incidents promptly.
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Investigation: We conduct thorough investigations to determine the cause and impact of any security incident.
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Mitigation: We take immediate steps to contain and mitigate the effects of any security incident.
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Notification: If a data breach occurs that is likely to result in a high risk to the rights and freedoms of individuals, we will notify affected individuals and relevant regulatory authorities as required by law.
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Review and Improvement: We review each security incident to learn from it and improve our security measures.
4. User Responsibilities
While we are committed to ensuring the security of our systems, users also play a crucial role in maintaining security. We encourage you to:
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Keep Credentials Confidential: Do not share your account credentials with anyone.
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Use Strong Passwords: Create strong, unique passwords for your accounts and change them regularly.
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Be Vigilant: Report any suspicious activity or security concerns to us immediately.
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Update Software: Keep your devices and software up to date to protect against vulnerabilities.
5. Third-Party Security
We work with third-party service providers to deliver our services. We ensure that these providers have adequate security measures in place to protect your personal data. We require our third-party providers to adhere to our security standards and to comply with applicable data protection laws.
6. Continuous Improvement
We are committed to continuously improving our security practices to keep pace with evolving threats. We regularly review and update our security measures to ensure they remain effective and aligned with industry standards.
7. Contact Us
If you have any questions or concerns about our Security Policy or if you believe your account has been compromised, please contact us immediately at:
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Email: support@peymo.com
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Address: Peymo Ltd., 167-169 Great Portland Street, London, W1W 5PF, UK
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Phone: +447537174330
By using our App, Site, or Services, you acknowledge that you have read, understood, and agree to the terms of this Security Policy.