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Privacy Policy

Your privacy matters to us. Learn how we protect and handle your personal information.

Effective Date: January 1, 2025 | Last Updated: March 15, 2025

Information We Collect

lirathorstudio collects various types of information to provide you with our finance control platform services. We gather this information when you visit our website, create an account, or use our services.

Personal Information

This includes your name, email address, phone number, postal address, and financial account information necessary for our services.

  • Account registration details including username and password
  • Financial information such as bank account details and transaction history
  • Communication preferences and contact information
  • Device information including IP address, browser type, and operating system
  • Usage data about how you interact with our platform

We also collect information automatically through cookies and similar technologies when you browse our website. This helps us understand your preferences and improve your experience with our platform.

How We Use Your Information

Your information helps us deliver, maintain, and improve our finance control services. We use this data to process transactions, provide customer support, and enhance platform security.

  • Process financial transactions and maintain account security
  • Provide personalized financial insights and recommendations
  • Send important service notifications and updates
  • Comply with legal and regulatory requirements
  • Improve our platform features and user experience
  • Detect and prevent fraudulent activities

We may also use your information to communicate with you about new features, educational content, and updates to our services. You can control these communications through your account settings.

Information Sharing and Disclosure

lirathorstudio does not sell your personal information to third parties. However, we may share your information in specific circumstances outlined below, always with appropriate safeguards in place.

Service Providers

We work with trusted third-party service providers who help us operate our platform, process payments, and provide customer support.

  • Financial institutions for payment processing and account verification
  • Cloud hosting providers for secure data storage
  • Customer support platforms for service assistance
  • Analytics providers for platform improvement
  • Legal compliance when required by law or court order

All third parties we work with are required to maintain the confidentiality of your information and use it only for the purposes we specify. We regularly review and monitor these relationships to ensure your data remains protected.

Data Security and Protection

Protecting your financial information is our top priority. We implement multiple layers of security measures to safeguard your data against unauthorized access, alteration, or disclosure.

  • End-to-end encryption for all sensitive financial data
  • Multi-factor authentication for account access
  • Regular security audits and penetration testing
  • Secure data centers with 24/7 monitoring
  • Employee training on data privacy and security protocols
  • Automated threat detection and response systems

Your Role in Security

While we implement robust security measures, you also play a crucial role in protecting your account. Use strong passwords, enable two-factor authentication, and never share your login credentials.

Your Rights and Choices

You have significant control over your personal information. Under Australian privacy laws, you have specific rights regarding how your data is collected, used, and stored.

  • Access your personal information and request copies of your data
  • Correct inaccurate or incomplete information in your account
  • Request deletion of your personal information (subject to legal requirements)
  • Withdraw consent for certain data processing activities
  • Opt out of marketing communications while maintaining service notifications
  • Request data portability for information you've provided

To exercise these rights, contact our privacy team using the information provided below. We'll respond to your request within 30 days and may require identity verification to protect your information.

Data Retention and Deletion

We retain your personal information only as long as necessary to provide our services and comply with legal obligations. Different types of data have different retention periods based on their purpose and legal requirements.

Retention Periods

Account information is retained for the duration of your active account plus seven years for financial record keeping. Transaction data is kept for regulatory compliance purposes.

  • Financial transaction records: 7 years from transaction date
  • Account information: Duration of account plus 7 years
  • Communication records: 3 years from last interaction
  • Website usage data: 2 years from collection
  • Marketing preferences: Until you withdraw consent

When you close your account, we begin the deletion process while maintaining records required by law. You can request early deletion of certain information, though some data must be retained for regulatory compliance.

International Data Transfers

While lirathorstudio operates primarily in Australia, some of our service providers may be located overseas. We ensure appropriate safeguards are in place for any international data transfers.

  • All international transfers comply with Australian Privacy Principles
  • We use standard contractual clauses for data protection
  • Regular audits ensure overseas providers maintain security standards
  • You can request details about specific international transfers

Countries where your data may be processed include the United States for cloud hosting services and the United Kingdom for certain financial processing activities. All transfers are subject to strict data protection agreements.

Cookies and Tracking Technologies

Our website uses cookies and similar technologies to enhance your experience and provide essential functionality. These technologies help us understand how you use our platform and improve our services.

Types of Cookies

We use essential cookies for platform functionality, analytics cookies for improvement, and preference cookies to remember your settings.

  • Essential cookies for login and security functions
  • Analytics cookies to understand user behavior
  • Preference cookies to remember your settings
  • Performance cookies to optimize website speed

You can control cookie preferences through your browser settings, though disabling certain cookies may affect platform functionality. We provide detailed cookie information in our Cookie Policy.

Updates to This Policy

We may update this privacy policy periodically to reflect changes in our practices, technology, or legal requirements. We'll notify you of significant changes through your account or email.

  • Major changes will be communicated 30 days in advance
  • Minor updates will be posted on our website
  • You'll receive email notifications for substantial policy changes
  • Continued use of our services constitutes acceptance of updates

We recommend reviewing this policy regularly to stay informed about how we protect your information. The effective date at the top of this policy indicates when changes were last made.

Privacy Questions or Concerns?

Contact our Privacy Officer:

lirathorstudio Privacy Team
10/90 King William St, Adelaide SA 5000, Australia
Phone: +61 437 449 227
Email: privacy@lirathorstudio.com