Information Security Statement
1xBet cares about its users personal information and this 1xBet Privacy Policy explains how we collect and handle personal information when using our platform. We respect your personal information and use it only for what was agreed in this policy.
1xBet understands the personal information data processing practices and what the particular data protection legislation dictates. We make certain that information is scoped, kept, accessed, and used only by authorized users. We aim that information at rest, such as payment, and at transit, using encryption and other means, is inaccessible for exposure.
As part of 1xBet Malaysia, we only use the information for the purposes of providing services and/or enhancing the services. We also aim that data subjects within these boundaries of law, have personal data ownership and electronic control as in the case of being able to delete, enhance and change data records.
We keep the policy up to date with the latest practices to make certain that trust is built and the level of information protection at the time is managed to the fullest.
How We Use Users’ Personal Data
At 1xBet, we process our users’ personal data for a number of crucial purposes in connection with the provision and improvement of our services. This data is then analysed and used in a manner that respects responsibility and privacy principles as well as data protection laws. Here’s how we generally deal with all that personal information:
- Managing Accounts: For you to become a registered user and for us to manage user accounts, we will need your name, contact details and proof of identification.
- Processing Of Transactions: Personal information is used to enable you to process transactions through our system including deposits, withdrawals, and the settlement of services.
- Compliance with Applicable Laws: The personal data we collect and store may be processed in accordance with our obligations as mandated by applicable law; for example, age verification and anti-money laundering (AML) requirements.
- Customer Service: Personal information is used to help users with their inquiries, to troubleshoot any problems, as well as to help in the improvement of our service.
- Security: We process information in order to prevent, detect and investigate fraud, WowBooker_ users’ accounts, and transactions.
- Marketing and Communication: With your consent, we may use personal data for advertising the Services and other marketing and promotional purposes, but you can always opt out of such communications.
All Personal Information is treated with the utmost care and in compliance with the relevant laws in order to maintain the privacy and security of our Users.
Ways to Protect Personal Data
Protection of users’ personal data is a very important duty. We apply a range of security measures to protect your information from unauthorized access, loss or misuse. Here are the solutions on how we are securing 1xBet personal information to protect our users’ confidentiality and privacy.
- Encryption: All sensitive personal information, such as credit card information and government issued ID cards, is transmitted and stored using technology that encrypts such information preventing unauthorized access.
- Two-Factor Authentication (2FA): Added Two Factor Authentication to add an additional layer of security against unauthorized access to the account and sensitive actions.
- Security of Your Information: Personal information is securely stored on our servers with limited access. A 24 hour Surveillance is kept on these servers in order to detect such can be detected in time.
- Principle of Data Minimization: We collect and process only the personal data that is necessary for provision of services and fulfillment of legal obligations. It also means we literally do not store data longer than we have to.
- Periodic Security Audits: We periodically audit and assess the risk against our data protection and strive to improve it further.
- User Control: We give users the ability to maintain control over the personal information they provide to us, including the choice to update or delete their data, such as through the Controls in the Product, and through their own choice to share their information with us.
Through these measures, we maintain a core focus on your personal information and protect the privacy of your information when interacting with our services.
Liability Measures for Breach of Privacy Policy
We endeavour to protect the Privacy Policy and the privacy of all users. In case of any breach, there are stringent liability actions to protect user data and safeguard the platform. These are some of the things that will keep you compliant and prevent abuse of personal data.
- Account Suspension or Closure: Any user who has violated the 1xBet Malaysia privacy policy will see his or her account suspended (temporary) or closed (permanent), the decision being made based on the gravity of the offense.
- Deprivation of Services: Breaches of privacy that compromise the security of user data may cause the user to lose access to certain features of CoinFlux services or to CoinFlux as a whole and respective services.
- Monetary sanctions: Where such breach causes financial loss or breach of local laws, Users shall be liable to compensate for the same. This may involve paying back charges due to unauthorized data access or usage.
- Legal action: In cases of grave violations especially relating to fraudulent activities or criminal offences 1xBet shall have the right to seek legal redress to protect its platform and its users in accordance with law. This can involve reporting the breach to appropriate authorities.
These liability safeguards are an effort to make sure the personal information of users is handled responsibly and the overall integrity of the site is maintained. We take all violations of the 1xBet Privacy Policy very seriously.