Privacy Policy

Effective Date: October 26, 2024

At Necto Global Inc. (“Necto”, “we”, “us”, or “our”), we prioritize your privacy and are committed to protecting the personal information you share with us. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our platform, accessible via necto.co, our mobile applications, and related services (collectively, the “Services”). By accessing or using our Services as a data buyer or seller, you agree to the terms of this Privacy Policy.

1. Information We Collect

To provide our marketplace and enhance your experience as both data buyers and sellers, we collect the following information:

  1. Information You Provide Directly:
    • Account Information: When you create an account as a data buyer or seller, we collect personal information such as your name, email address, and password.
    • Profile and Data Preferences: Details related to the datasets you wish to buy or sell, including data preferences, demographic details, and other relevant metadata.
    • Payment Information: When you buy or sell data, we collect payment details like credit card information or payment processor details to facilitate transactions.
    • Communications: If you contact us directly, we may receive additional information such as your name, email address, phone number, and the content of your message.
  2. Information We Collect Automatically:
    • Usage Data: We track your interactions with the platform, including browsing activities, datasets viewed, purchased, or sold, and time spent on the platform.
    • Device and Log Information: We may collect details such as your device’s IP address, browser type, operating system, and device identifiers.
    • Cookies and Tracking Technologies: We use cookies and similar technologies to enhance your user experience, remember preferences, and conduct analytics. For more information, please see our Cookies Policy.
  3. Information from Third Parties:
    • Payment Processors: We receive transaction details and account information from third-party payment processors to complete purchases or payouts.
    • Third-Party Data Providers: We may access certain information from third-party services on your behalf through OAuth 2.0. When you authorize us to connect to a third-party service, we obtain access to information made available by that service, depending on your permissions and their privacy policy.
    • Marketing and Analytics Providers: Information from external services helps us improve and personalize your experience on Necto.

2. Legal Basis for Processing Personal Data

If you are located in the European Economic Area (EEA) or the United Kingdom, we process your personal data based on the following legal grounds:

  • Consent: When you have given us explicit consent for a specific purpose.
  • Performance of a Contract: Processing necessary to perform a contract with you or to take steps at your request before entering into a contract.
  • Legitimate Interests: Processing necessary for our legitimate interests, provided these are not overridden by your rights and interests.
  • Legal Obligations: Compliance with a legal obligation to which we are subject.

3. How We Use Your Information

We use the information we collect for purposes including:

  • Facilitating Transactions: Connecting data buyers and sellers, managing listings, and completing payments and payouts.
  • Personalization and Recommendations: Tailoring your experience by recommending datasets, personalizing content, and providing relevant offers based on your preferences and usage patterns as a buyer or seller.
  • Platform Improvements: Monitoring platform usage to improve functionality, fix bugs, and enhance security.
  • Communication: Sending notifications about your account, transactional updates, promotional materials, and newsletters (with the option to unsubscribe).
  • Security and Legal Obligations: Detecting fraudulent activities, enforcing our terms of service, and complying with legal requirements.

4. How We Share Your Information

We value your privacy and only share your information in limited circumstances:

  • Service Providers: With trusted third-party service providers who assist in operating the platform, such as payment processors, cloud storage providers, analytics services, and customer support. They have access to your information only to perform tasks on our behalf and are obligated not to disclose or use it for other purposes.
  • Legal Compliance: If required by law, regulation, legal process, or governmental request.
  • Business Transfers: In connection with any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company.
  • With Your Consent: When we have your explicit consent to share the information.

5. Data Anonymization and Encryption

We are committed to protecting individual privacy within datasets:

  • Removal of Personal Information: Before datasets are listed, we ensure all personally identifiable information (PII) is removed or anonymized to prevent identification of individuals.
  • Data Encryption: Employing encryption technologies to protect data both in transit and at rest, ensuring secure storage and transmission.

6. Data Security

We implement appropriate technical and organizational measures to protect your information from unauthorized access, alteration, disclosure, or destruction. These measures include:

  • Encryption using SSL/TLS for data transmission.
  • Access controls restricting access to personal information to authorized personnel only.
  • Regular security audits and assessments.

However, please note that no method of transmission over the internet or electronic storage is 100% secure.

7. Your Rights and Choices

You have the following rights regarding your personal data:

  • Access and Update: Access, correct, or update your account and profile information directly through the platform.
  • Data Portability: Receive a copy of your personal data in a structured, machine-readable format.
  • Data Deletion: Request deletion of your account and personal information by contacting us at info@necto.co. Certain information may be retained to comply with legal obligations.
  • Restrict Processing: Request that we restrict processing of your personal data under certain circumstances.
  • Object to Processing: Object to the processing of your personal data if it's based on our legitimate interests.
  • Opt-Out of Marketing: Unsubscribe from promotional emails by following the instructions in the emails or adjusting your account settings.
  • Withdraw Consent: Withdraw your consent at any time where we are relying on consent to process your personal data.

To exercise any of these rights, please contact us at info@necto.co. We will respond in accordance with applicable data protection laws.

8. Data Retention

We retain your personal information for as long as your account is active or as needed to provide our Services. We may also retain and use your information to:

  • Comply with legal obligations.
  • Resolve disputes.
  • Enforce our agreements.
  • Protect our legal rights.

9. International Data Transfers

As a global marketplace, your information may be processed in countries other than your own, including the United States. We ensure that any data transfers comply with applicable data protection laws and that appropriate safeguards are in place, such as:

  • Standard Contractual Clauses: Approved by the European Commission.
  • Binding Corporate Rules: Where applicable.

10. California Privacy Rights

If you are a California resident, you have rights under the California Consumer Privacy Act (CCPA):

  • Right to Know: Request information about the categories and specific pieces of personal information we have collected about you.
  • Right to Delete: Request deletion of personal information we have collected from you, subject to certain exceptions.
  • Right to Opt-Out: Opt-out of the sale of your personal information. (Note: Necto does not sell personal information as defined under the CCPA.)

To exercise your California privacy rights, please contact us at info@necto.co.

11. Do Not Track Signals

Our platform does not respond to "Do Not Track" signals. For more information about "Do Not Track", visit allaboutdnt.com.

12. Third-Party Links and Services

Our Services may contain links to third-party websites or services not owned or controlled by Necto. We are not responsible for the privacy practices of such third parties. We encourage you to review their privacy policies before providing them with your personal information.

13. Children’s Privacy

Necto is not intended for individuals under the age of 13 (or the applicable age of majority in their jurisdiction). We do not knowingly collect personal information from children. If you believe your child has provided us with personal information, please contact us at info@necto.co, and we will take steps to delete such information.

14. Changes to This Privacy Policy

We may update this Privacy Policy periodically to reflect changes in our practices or legal requirements. We will notify you of significant changes by:

  • Posting the updated Privacy Policy on our website with a new effective date.
  • Sending an email or other notification if required by law.

We encourage you to review this policy regularly to stay informed about how we protect your privacy.

15. Contact Information

If you have any questions or concerns about this Privacy Policy or our practices, please contact us:

Necto Global, Inc.
20 Exchange Place
New York, New York 10005
Email: info@necto.co

By using our Services as a data buyer or seller, you acknowledge that you have read and understood this Privacy Policy.

Necto