Privacy Policy

Overview

novarithyros operates under Australian privacy legislation, specifically the Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs). We take your privacy seriously and believe you should understand exactly how we collect, use, and protect your personal information.

This policy covers all interactions with our budget consolidation platform, including our website, mobile applications, and any services we provide. By using our services, you're agreeing to the practices outlined here.

Information We Collect

We collect this information through direct input from you, automated systems when you use our platform, and occasionally from trusted third-party financial institutions you've authorized us to connect with.

How We Use Your Information

• Provide budget consolidation services and financial insights
• Verify your identity and prevent fraudulent activities
• Improve our platform's functionality and user experience
• Send you important updates about your account or our services
• Comply with legal obligations under Australian financial regulations
• Develop new features that better serve your financial management needs

Data Sharing and Disclosure

We share your information only in specific circumstances and always with appropriate safeguards in place. This includes sharing with authorized financial institutions you've connected to our platform, trusted service providers who help us operate our systems, and regulatory bodies when required by Australian law.

Any third-party service providers we work with are bound by strict confidentiality agreements and must meet our security standards. We conduct regular audits to ensure they're handling your information appropriately.

In cases of potential fraud, illegal activity, or threats to public safety, we may disclose information to law enforcement or other relevant authorities as required or permitted by law.

Your Rights and Choices

Under Australian privacy law, you have several important rights regarding your personal information:

• Access your personal information we hold
• Request corrections to inaccurate or outdated information
• Request deletion of your personal information in certain circumstances
• Opt out of marketing communications
• Lodge a complaint about our privacy practices
• Request information about how we've shared your data

To exercise these rights, contact our privacy officer using the details provided below. We'll respond to your request within 30 days and provide clear information about any actions we've taken.

Data Security and Protection

We employ bank-level security measures to protect your information, including 256-bit SSL encryption, secure data centers located in Australia, and regular security assessments by independent auditors.

Our staff receive regular privacy and security training, and access to your information is strictly limited to those who need it to provide our services. We maintain detailed logs of who accesses what information and when.

While we implement robust security measures, no system is completely foolproof. We encourage you to use strong passwords and keep your login credentials secure.

Data Retention

We keep your personal information only as long as necessary to provide our services and comply with legal obligations. Financial transaction data is typically retained for seven years to meet Australian taxation and financial reporting requirements.

When you close your account, we'll delete your personal information within 90 days, except for data we're required to retain by law. You can request earlier deletion in certain circumstances.

Changes to This Policy

We'll update this privacy policy from time to time to reflect changes in our practices or legal requirements. When we make significant changes, we'll notify you via email and provide at least 30 days' notice before the changes take effect.

We recommend reviewing this policy periodically to stay informed about how we're protecting your information.