Privacy Policy
At DDigital, we are committed to protecting the privacy of our clients and users. As part of our due diligence process, we may collect or use GLBA data. This data is collected in accordance with the Gramm-Leach-Bliley Act (GLBA), a federal law that regulates the collection, use, and disclosure of sensitive personal financial information.
The GLBA data that we collect and use may include, but is not limited to, information related to financial accounts, credit reports, and other financial information that is not publicly available. This information is collected from various sources, including financial institutions, credit bureaus, and other third-party providers.
We collect and use GLBA data for several reasons, including but not limited to, the following:
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Due diligence research: We use GLBA data to conduct due diligence research on potential or existing clients, vendors, or partners. This helps us to ensure that these parties are not involved in any fraudulent or criminal activities.
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Asset verification: We may use GLBA data to verify the assets of individuals suspected of being involved in criminal activities or financial crimes, such as money laundering or embezzlement.
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Risk management analysis: GLBA data helps us to conduct risk management analysis to identify potential criminal activities or vulnerabilities within our organization.
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Legal compliance: We may use GLBA data to ensure compliance with legal requirements, such as locating beneficiaries or shareholders in case of legal disputes or investigations.
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Internal Investigations: We may also use GLBA data to comply with court orders or to verify persons, as required by law.
At DDigital, we take the security and confidentiality of GLBA data very seriously. We have implemented various administrative, physical, and technical safeguards to protect this sensitive information from unauthorized access, disclosure, or misuse. We limit access to GLBA data to only those employees who require it to perform their job functions, and we require all employees to undergo regular security awareness training.
In addition, we may disclose GLBA data to third-party service providers who assist us in providing our services to our clients. These service providers are contractually obligated to maintain the confidentiality and security of GLBA data in accordance with our privacy policies and applicable laws and regulations.
If you have any questions or concerns regarding our collection and use of GLBA data, please contact us at admin@ddigital.com. We will be happy to address your concerns and provide you with additional information regarding our privacy policies and practices.
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