Effective Date: 1 October 2024
Prophet Technology Pty Ltd (ACN: 89 654 537 756), referred to as "Prophet Technology", "we", "us", or "our", specialises in providing software-as-a-service (SaaS) solutions that leverage advanced data analytics and mathematics. We are committed to protecting the privacy and security of the personal information and data we collect, use, disclose, and store. This Privacy Policy outlines our practices in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs).
Collection of Personal and Analytical Data
In addition to personal information (e.g., names, contact details, professional details), we collect data pertinent to our SaaS offerings. This includes, but is not limited to:
Data inputs by users for analysis;
User interaction data with our services;
Outputs of advanced analytics and mathematical models.
Collection methods include direct interactions, automated systems within our services, and third parties.
Use of Information
The data we collect is primarily used to:
Provide, maintain, and improve our SaaS offerings;
Conduct advanced data analytics and mathematical modelling;
Develop new tools, products, and services;
Communicate effectively with users, including support and updates;
Understand how our services are used to enhance user experience;
Ensure the security of our services;
Comply with legal requirements and regulatory obligations.
Disclosure of Information
We may disclose personal and analytical data to:
Service providers and business partners who assist in delivering our SaaS offerings;
Compliance with legal obligations or to protect our rights and those of our users.
We require all third parties to respect the security of your data and to treat it in accordance with the law.
Data Security
We take the security and protection of your data very seriously. In addition to the measures outlined below, we are proud to announce that we have achieved ISO 27001 certification, the highest global standard for security and compliance. This confirms our commitment to preserving the confidentiality, integrity, and availability of your data, in accordance with internationally recognized best practices for Information Security Management Systems (ISMS).
Our stringent security measures include:
Encryption of sensitive data
Implementing access controls to restrict unauthorised access
Following secure software development practices
Conducting regular security assessments to identify and address potential vulnerabilities
Our ISO 27001 certification reflects our continuous efforts in maintaining a systematic, ongoing, and structured approach to managing sensitive company and customer information, aligning with international best practices in information security management.
Access, Correction, and Deletion
Users can request access to, correction of, or deletion of their personal and analytical data held by us. We provide tools within our services for users to control their data, including its removal, subject to legal and operational retention requirements.
Updates to This Policy
This Privacy Policy may be updated to reflect changes to our information practices. We will notify users of any significant changes and update the effective date at the top of this policy.
Contact Information
For questions or concerns regarding this policy or your data, please contact:
Prophet Technologies Pty Ltd
Level 1, 110-115 Dover St, Cremorne, VIC 3121
Email: contact@prophet.ml