Security Policy
WABCASH (Operated by WABCASH MARKET INSIGHTS OPC PRIVATE LIMITED)
Effective Date: 12-12-2024
Last Reviewed: 12-12-2024
1. Introduction
At WABCASH, operated by WABCASH MARKET INSIGHTS OPC PRIVATE LIMITED, we are committed to
protecting the privacy, integrity, and security of the personal data of our users. This Security Policy outlines
the procedures, safeguards, and standards we maintain to ensure that all data collected through our platform
www.wabcash.com is handled responsibly and securely.
This document applies to all data collected from individuals who use our platform for market research
participation, surveys, user engagement, or any related activity. Our goal is to foster a trusted environment by
implementing industry-leading practices that prevent unauthorized access, misuse, or disclosure of data.
2. Scope of the Policy
This Security Policy applies to:
- All data processing activities performed by WABCASH.
- All employees, contractors, partners, and third-party service providers acting on behalf of WABCASH.
- All platforms, systems, databases, and applications used for storing or processing user data.
3. Data Collection Principles
We follow a set of foundational principles when collecting and processing data:
- Transparency: We communicate clearly how and why personal data is collected
- User Consent: Consent is obtained where necessary and users are given the option to withdraw at any
time.
- Fair Use: We process data for legitimate purposes, directly related to services offered.
- Relevance: We only collect data that is necessary for our operations.
4. Purpose of Data Use
The personal information we collect is used for:
- Verifying participant identities
- Matching users with relevant surveys
- Processing rewards, incentives, or payments
- Communicating updates, opportunities, and support
- Improving the quality of our research and panel experience
- Preventing fraud, spam, or unauthorized activity
- Monitoring performance and analyzing trends across the platform
We do not sell, rent, or disclose personal information to third parties without permission, except where legally
or contractually required.
5. Data Retention and Deletion
We retain personal data only for as long as it is necessary for the purposes outlined above.
- Active Users: Data is retained while the account remains in use.
- Inactive Users: Accounts and associated data are automatically deleted after 12 months of inactivity.
- Inactive Users: Accounts and associated data are automatically deleted after 12 months of inactivity.
Upon request, users may request early deletion of their account and associated data.
6. Security Measures
We implement a multi-layered approach to security involving both technical and organizational safeguards.
6.1. Technical Measures:
- Encryption: All sensitive data is encrypted during transmission using SSL/TLS. Stored data is protected
using modern encryption protocols.
- Secure Servers: Data is hosted on secure, firewall-protected infrastructure with regular updates and
monitoring.
- Access Controls: Systems are protected with role-based access, strong password enforcement, and
multi-factor authentication (MFA) where appropriate.
- Backup and Recovery: Data is regularly backed up and can be restored in case of loss or corruption.
- Activity Monitoring: We continuously monitor network traffic, user activity, and system logs to detect
suspicious behavior or potential intrusions.
- Software Updates: All systems and applications are patched and updated regularly to mitigate
vulnerabilities.
6.2. Organizational Measures:
- Confidentiality Agreements: All staff and contractors are bound by confidentiality and data security
obligations.
- Security Awareness Training: Employees undergo regular training on safe data handling, phishing
prevention, and incident reporting procedures.
- Vendor Oversight: We evaluate third-party service providers for security compliance and require written
agreements to ensure data protection standards are upheld.
7. Cookies and Tracking Technologies
We use cookies and similar tracking technologies to:
- Personalize user experiences
- Track website performance and analytics.
- Enhance functionality and usability
Users can manage or disable cookies using their browser settings or via the Cookie Consent Manager
available on our website.
8. User Rights and Controls
We believe users should have full control over their personal data. You may:
- Access the data we hold about you
- Request corrections to inaccurate information
- Request that your data be deleted or restricted
- Withdraw previously granted consent
- Request information about how your data has been used
To submit a request, email us at privacy@wabcash.com. Requests will be handled in a timely manner,
subject to identity verification.
9. Incident and Breach Management
In the event of a suspected or confirmed security incident:
- We will immediately investigate the root cause and impact.
- Necessary steps will be taken to contain and resolve the incident.
- Affected individuals will be notified if there is a risk to their information.
- Lessons learned will be used to strengthen future protections.
All incidents are documented internally and escalated to senior leadership and technical teams.
10. Privacy by Design and Risk Management
We embed privacy and security considerations into all systems and operations from the design phase. New
products, features, or data handling processes are reviewed for risk and security implications prior to
deployment. This includes:
- Security risk assessments
- Data classification analysis
- Minimization of data exposure
- Secure development practices
11. Policy Review and Maintenance
This Security Policy is reviewed at least once annually and whenever there are significant changes to our
operations, services, or technology. The most up-to-date version is always accessible on our website.
12. Contact and Support
For questions regarding this policy or your personal data, please contact our support and compliance team:
WABCASH MARKET INSIGHTS OPC PRIVATE LIMITED
Email: privacy@wabcash.com
Website: www.wabcash.com
We are committed to transparency, accountability, and user empowerment when it comes to data protection.
13. Review and Revision
This Security Policy is reviewed periodically and updated as necessary to reflect changes in our practices,
technology, or legal requirements.