Privacy Policy

We take your privacy seriously and are committed to protecting your personal information while you use our master budget creation platform.

Last Updated: January 15, 2025

Information We Collect

When you use SenseConnectNext, we collect information that helps us provide better budgeting services and improve your experience. This happens through different interactions you have with our platform.

Account Information

Your name, email address, company details, and contact information when you register for our budgeting services.

Financial Data

Budget categories, expense tracking, revenue projections, and financial planning information you input into our system.

Usage Analytics

How you navigate our platform, features you use most, time spent on different sections, and interaction patterns.

Technical Information

IP address, browser type, device information, and system specifications for optimal platform performance.

How We Use Your Information

Your information helps us deliver personalized budgeting solutions and maintain a secure, efficient platform. We focus on practical applications that directly benefit your financial planning process.

  • Service Delivery: Processing your budget data, generating financial reports, and providing personalized recommendations based on your spending patterns.
  • Platform Improvement: Analyzing usage trends to enhance features, fix technical issues, and develop new budgeting tools that meet user needs.
  • Communication: Sending important updates about your account, new features, security notices, and educational content related to budget management.
  • Support Services: Responding to your inquiries, troubleshooting problems, and providing technical assistance when you need help.
  • Compliance: Meeting legal requirements under South Korean data protection laws and maintaining accurate financial records as required.

Data Sharing and Third Parties

We limit data sharing to essential service providers who help us operate the platform securely. Your financial information remains confidential and is never sold to marketing companies.

  • Cloud Storage Providers: Secure hosting services that store your encrypted budget data with industry-standard protection measures in place.
  • Payment Processors: Trusted financial institutions that handle subscription payments while maintaining PCI DSS compliance standards.
  • Analytics Services: Privacy-focused tools that help us understand user behavior without accessing your personal financial details.
  • Legal Requirements: Government authorities when required by South Korean law, court orders, or legitimate regulatory investigations.

Your Privacy Rights

Under South Korean Personal Information Protection Act and international privacy standards, you have specific rights regarding your personal data. We make exercising these rights straightforward and responsive.

Access Your Data

Request a complete copy of your personal information we store, including budget data, account details, and usage history in a readable format.

Correct Inaccuracies

Update incorrect information directly through your account settings or contact us to fix data you cannot modify yourself.

Delete Information

Request deletion of your account and associated data, with some information retained for legal compliance as required by law.

Data Portability

Export your budget data in common formats like CSV or Excel to transfer to other financial planning tools or services.

Restrict Processing

Limit how we use your information while maintaining basic account functionality and meeting essential service requirements.

Object to Use

Opt out of non-essential data processing like marketing analytics while continuing to use core budgeting features.

Data Security Measures

We implement comprehensive security protocols to protect your financial information from unauthorized access, data breaches, and cyber threats. Our approach combines technical safeguards with operational procedures.

Encryption

All data transmitted and stored uses AES-256 encryption with TLS 1.3 protocols for maximum protection.

Access Controls

Multi-factor authentication and role-based permissions ensure only authorized personnel can access systems.

Monitoring

24/7 system monitoring detects unusual activity and potential security threats in real-time.

Backups

Regular encrypted backups stored in multiple secure locations prevent data loss from technical failures.

Data Retention Periods

We keep your information only as long as necessary to provide services and meet legal obligations. Different types of data have specific retention schedules based on their purpose and regulatory requirements.

Active Use
While your account remains active, we store all budget data, preferences, and usage history to provide continuous service and support your financial planning needs.
3 Years
Financial transaction records and tax-related budget information retained to comply with South Korean business record-keeping requirements.
1 Year
Usage analytics and system logs kept for security monitoring, fraud prevention, and platform improvement purposes.
30 Days
After account deletion, most personal data removed within 30 days, except information required for legal compliance.

International Data Transfers

Your data may be processed in countries outside South Korea when necessary for service delivery. We ensure adequate protection measures are in place regardless of processing location.

  • Cloud Infrastructure: Our servers may be located in different regions for optimal performance, but all maintain equivalent security standards.
  • Service Providers: Third-party tools we use for analytics, support, or payments may process data internationally under strict privacy agreements.
  • Legal Safeguards: All international transfers comply with South Korean cross-border data transfer regulations and international privacy frameworks.
  • User Control: You can request information about where your data is processed and object to transfers that are not essential for service delivery.

Cookies and Tracking

We use cookies and similar technologies to enhance your experience, remember your preferences, and analyze platform usage. You have control over cookie settings through your browser and account preferences.

  • Essential Cookies: Required for basic platform functionality like login sessions, security features, and core budget management tools.
  • Preference Cookies: Remember your settings, language choices, and customized dashboard configurations for better user experience.
  • Analytics Cookies: Help us understand how users interact with features to improve platform design and identify technical issues.
  • Marketing Cookies: Used sparingly and only with your consent to show relevant content and measure campaign effectiveness.

Changes to This Policy

We update this privacy policy periodically to reflect changes in our services, legal requirements, or data handling practices. Significant changes will be communicated clearly with advance notice.

  • Notification Methods: Email alerts to your registered address and prominent notices on the platform when you log in.
  • Effective Dates: Changes take effect 30 days after notification unless immediate implementation is required for legal compliance.
  • Version History: Previous policy versions available upon request so you can track changes over time.
  • Your Options: If you disagree with policy changes, you can export your data and close your account before the new terms take effect.

Contact Information

Have questions about this privacy policy or need help with your data rights? Our privacy team is available to assist with any concerns or requests you may have.

+82 31 278 4520
76 Hongik-ro 6-gil, Mapo-gu, Seoul, South Korea
Response time: Within 72 hours for privacy inquiries