Privacy Policy

This privacy notice sets out how Precisium AB , incorporated in Sweden with company number, collects and otherwise processes your personal data.

If you have any questions about this notice or how we process your data, or want to exercise your rights, please contact us on support@precisium.ai.

1. Data controller

Precisium is the data controller responsible for the processing of your personal data under EU Regulation 2016/679 (the “GDPR”).

2. Personal data we collect

We collect and process the following types of personal data:

name
email address
username
password

3. How we use your personal data

In this section you can read about for which purposes we use your data, which types we use for each purpose, based on which so-called “legal basis”, and how long we perform the purpose.

To ensure network security, and to keep our services safe and secure, as long as you use our services.
To verify your identity and prevent fraud in our services, as long as you use our services.
To comply with laws, such as bookkeeping and accounting laws in Sweden, for seven years after the year during which a transaction has been made.
To protect Precisium AB from legal claims. Up to ten years after our services have been used.

4. Data recipients

We may share your personal data with the following data recipients.

5. Data Retention

We will retain your personal data only for as long as necessary to fulfill the purposes outlined in this notice unless a longer retention period is required or permitted by law. Especially the Swedish bookkeeping law requires accounting data to be kept for seven years after the year a transaction was made.

Swedish statutory limitation law also prescribes that Precisium need to keep personal data necessary to protect it from claims for ten years after our service was used.

6. Your Rights

You have the following rights regarding your personal data. You can exercise them by contacting us through the email address listed on the top of this notice.

The right to access and receive a copy of your personal data, as well as receive specific information on how we have processed it.
The right to rectify any inaccurate or incomplete personal data.
The right to erase your personal data (“right to be forgotten”), unless Precisium is unable to do this based on legal obligation or due to compelling legitimate grounds.
Right to object to the processing of your personal data. You have the right to object to processing of your personal data which is based on our legitimate interest (Article 6(1)(f) GDPR), by referencing your specific circumstances. You can always object to our use of your personal data for marketing purposes.
The right to restrict the processing of your personal data. You can request this for example while we administrate you exercising your right to object, or your right to data deletion.
The right to data portability, ie. to receive your personal data in an electronic/machine readable format.
Right to withdraw your consent. This means that we will stop processing your data for purposes on which we rely on your consent.
To submit a complaint to the Swedish Data Protection Authority, Integritetsskyddsmyndigheten.

8. Changes to this privacy notice

We reserve the right to update or modify this privacy notice at any time. You should therefore consult this notice regularly when you use our services.