Privacy Policy

Last Updated: January 15, 2025

Introduction

NextGen MindSpark ("we," "our," or "us") respects your privacy and is committed to protecting your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website nextgenmindspark.com or use our financial analysis services.
We understand that trust is fundamental when dealing with financial information. That's why we've built our data practices around transparency and user control. This policy applies to all visitors, users, and others who access or use our services.

Information We Collect

Personal Information

  • Name and contact information (email address, phone number)
  • Business information and company details
  • Financial data you provide for analysis purposes
  • Communication preferences and history
  • Account credentials and security information

Automatically Collected Information

When you visit our website, we automatically collect certain information about your device and browsing behavior. This includes your IP address, browser type, operating system, referring URLs, and pages viewed. We use cookies and similar tracking technologies to enhance your user experience and analyze website performance.
Cookie Notice: Our website uses essential cookies for functionality and analytics cookies to improve our services. You can manage cookie preferences through your browser settings, though disabling certain cookies may limit website functionality.

How We Use Your Information

We process your personal information for specific, legitimate business purposes. Our primary goal is delivering valuable financial analysis services while maintaining the highest standards of data protection.
  • Providing financial analysis and reporting services
  • Communicating about our services and responding to inquiries
  • Processing payments and managing client accounts
  • Improving our services through data analysis and feedback
  • Sending important updates about service changes or security matters
  • Complying with legal obligations and regulatory requirements
We never sell, rent, or trade your personal information to third parties for their marketing purposes. Any data sharing is done solely to support our service delivery or comply with legal requirements.

Data Sharing and Disclosure

Service Providers

We work with trusted third-party service providers who assist in operating our business. These include cloud hosting services, payment processors, and technology support providers. All service providers are contractually bound to protect your information and use it only for the specific services they provide to us.

Legal Requirements

We may disclose your information when required by law, such as responding to court orders, legal processes, or government requests. We may also share information to protect our rights, property, or safety, or that of our users or others, including fraud prevention and security purposes.
Disclosure Type Purpose Legal Basis
Service Delivery Cloud hosting, payment processing Contractual necessity
Legal Compliance Court orders, regulatory requirements Legal obligation
Safety Protection Fraud prevention, security threats Legitimate interests

Data Security

Protecting your financial information is our top priority. We implement industry-standard security measures including encryption, secure servers, and regular security audits. Our team receives ongoing training on data protection best practices.
  • SSL/TLS encryption for all data transmission
  • Secure data centers with 24/7 monitoring
  • Regular security assessments and updates
  • Access controls and employee authentication
  • Incident response procedures and breach notification protocols
While we implement robust security measures, no system is completely secure. We encourage you to use strong passwords and keep your account information confidential. If you suspect any unauthorized access to your account, contact us immediately.

Data Retention

We retain your personal information only as long as necessary to fulfill the purposes outlined in this policy or as required by applicable laws. Different types of information may have different retention periods based on their purpose and legal requirements.

Retention Periods

  • Client account information: Duration of business relationship plus 7 years
  • Financial analysis data: 5 years from completion of services
  • Website usage data: 24 months from collection
  • Communication records: 3 years from last contact
  • Legal compliance data: As required by applicable regulations
When personal information is no longer needed, we securely delete or anonymize it according to our data destruction procedures. You may request earlier deletion of your information, subject to our legal obligations and legitimate business needs.

Your Rights and Choices

You have important rights regarding your personal information. We're committed to honoring these rights and providing you with control over your data. Here's what you can do and how to exercise these rights.

Access and Correction

You have the right to access the personal information we hold about you and request corrections if it's inaccurate or incomplete. We'll provide this information in a clear, understandable format within 30 days of your request.

Data Portability and Deletion

You can request a copy of your personal information in a portable format or ask us to delete your information entirely. We'll honor deletion requests unless we have a legitimate business need or legal obligation to retain certain data.
How to Exercise Your Rights: Contact us at [email protected] with your specific request. We'll verify your identity and respond within the timeframes required by applicable law. There's no charge for most requests, though we may charge reasonable fees for excessive or repetitive requests.

Marketing Communications

You can opt out of marketing communications at any time by clicking unsubscribe links in our emails or contacting us directly. This won't affect essential service communications related to your account or our business relationship.

International Data Transfers

As our business operates internationally, your information may be transferred to and processed in countries other than South Korea. When we transfer data internationally, we ensure appropriate safeguards are in place to protect your information according to this privacy policy.
We use standard contractual clauses approved by relevant authorities and work only with service providers who demonstrate adequate data protection measures. If you have concerns about international transfers of your data, please contact us for more specific information about the safeguards we use.

Changes to This Policy

We may update this Privacy Policy periodically to reflect changes in our practices or applicable laws. When we make material changes, we'll notify you by email or through a prominent notice on our website before the changes take effect.
We encourage you to review this policy regularly to stay informed about how we protect your information. Your continued use of our services after policy changes indicates your acceptance of the updated terms.

Contact Us

If you have questions about this Privacy Policy or our data practices, we're here to help. Email: [email protected] Phone: +82-2-507-7337 Address: 1187 Baekseok-dong, Ilsandong-gu Goyang-si, Gyeonggi-do South Korea Privacy Officer: For specific privacy concerns, you can also request to speak with our designated privacy officer who handles data protection matters.