Privacy Policy.

CordersLabs is fully committed to comply with applicable data protection laws, as we believe that ensuring data protection is the basis of trustworthy business relationships. We are always working to stay compliant - encourage audits, certifications, and provide industry-standard contractual protections. This Data Protection Policy ensures the level of data protection prescribed by the European Union Data Protection Regulations and provides one of the necessary framework conditions for cross-border data transmission. This Data Protection Policy applies to all companies of the CordersLabs Group, affiliated companies and their employees and is based on globally accepted, basic principles on data protection. The latest version of the Data Protection Policy can be accessed with the data privacy information on CordersLabs' website at: corderslabs.com

We have to collect and use (to process) certain types of information (Personal Data) that relates to the people (Data Subjects) who we come into contact with in order to carry out our business. We are confident that when processing personal data, the individual rights must be protected what means that all personal data must be collected and processed in a legal and fair manner. Therefore we presume and agree that Personal data shall be: (a) processed lawfully, fairly and in a transparent manner in relation to the data subject (‘lawfulness, fairness and transparency’) (b) collected for specified, explicit and legitimate purposes and not further processed in a manner that is incompatible with those purposes (‘purpose limitation’) (c) adequate, relevant and limited to what is necessary in relation to the purposes for which they are processed (‘data minimisation’); (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 (‘accuracy’); (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 (‘storage limitation’); (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 (‘integrity and confidentiality’).

To make processing compliant, we should ensure it has at least one legitimate reason for processing (collecting, using, managing or disclosing) personal data. According to Article 6 (1) of EU Regulation No 2016/679 (General Data Protection Regulation or GDPR) such reasons could be: the data subject has given consent to the processing of his or her personal data for one or more specific purposes; processing is necessary for the performance of a contract to which the data subject is party or in order to take steps at the request of the data subject prior to entering into a contract; processing is necessary for the purposes of the legitimate interests pursued by the controller or by a third party, except where such interests are overridden by the interests or fundamental rights and freedoms of the data subject which require protection of personal data, in particular where the data subject is a child. Please note, that in some circumstances prior consent is not necessary. Article 6 (1) of EU Regulation No 2016/679 (General Data Protection Regulation)

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