Effective Date: May 1, 2024
Bo3 Lab LLC (“Bo3 Lab”, or “we”, or “us, “or “our”) is strongly committed to protecting your privacy and complying with your choices. Both personal and non-personal information collected is safeguarded according to the highest privacy and data protection standards adopted worldwide. We have always had a robust and effective data protection program in place which complies with existing law and abides by the data protection principles. However, we recognise our obligations in updating and expanding this program to meet the demands of the GDPR and the Privacy laws in the United States.
What is GDPR?
• GDPR is the European Union’s General Data Protection Regulation. It is a Regulation in EU law with the goal of data protection and privacy of personal data of all individuals within in the EU and the European Economic Area from consumption or use by unauthorized parties.
• It was adopted on 14 April 2016 and became enforceable beginning 25 May 2018.
Where can I Find more Information on GDPR?
• More details can be found here: https://www.eugdpr.org/
• https://ec.europa.eu/info/law/law-topic/data-protection_en
Why does GDPR Matter?
• It is important because it protects the personal data and privacy of EU citizens from the misuse of information and gives them more control over their data.
• Subsequently, GDPR has impacts on all companies with global operations. If your company is based in the US, it does not mean that they are exempt from GDPR, as any data originating in the EU is subject to the regulation.
What is Our Commitment to be Compliant?
Bo3 Lab is committed to processing data in accordance with its responsibilities under the GDPR.
Article 5 of the GDPR requires that personal data shall be:
a. processed lawfully, fairly and in a transparent manner in relation to individuals;
b. collected for specified, explicit and legitimate purposes and not further processed in a manner that is incompatible with those purposes; further processing for archiving purposes in the public interest, scientific or historical research purposes or statistical purposes shall not be considered to be incompatible with the initial purposes;
c. adequate, relevant and limited to what is necessary in relation to the purposes for which they are processed;
d. accurate and, where necessary, kept up to date; every reasonable step must be taken to ensure that personal data that are inaccurate, having regard to the purposes for which they are processed, are erased or rectified without delay;
e. kept in a form which permits identification of data subjects for no longer than is necessary for the purposes for which the personal data are processed; personal data may be stored for longer periods insofar as the personal data will be processed solely for archiving purposes in the public interest, scientific or historical research purposes or statistical purposes subject to implementation of the appropriate technical and organisational measures required by the GDPR in order to safeguard the rights and freedoms of individuals; and
f. processed in a manner that ensures appropriate security of the personal data, including protection against unauthorised or unlawful processing and against accidental loss, destruction or damage, using appropriate technical or organisational measures.”
EU and EEA Users’ Rights
If you are habitually located in the European Union or European Economic Area, you have the right to access, rectify, download or erase your information, as well as the right to restrict and object to certain processing of your information. While some of these rights apply generally, certain rights apply only in certain limited circumstances. We describe these rights below:
You have the right to access your personal data and, if necessary, have it amended or deleted or restricted. In certain instances, you may have the right to the portability of your data. You can also ask us to not send marketing communications and not to use your personal data when we carry out profiling for direct marketing purposes. You can opt out of receiving email newsletters and other marketing communications by following the opt-out instructions provided to you in those emails. Transactional account messages will be unaffected if you opt-out from marketing communications.
Questions or Comments
If you have questions or comments about this privacy policy, please email us or write us at:
Compliance Officer
Bo3 Lab LLC
615 River Highway #1049,
Mooresville, NC 28117