Incident Notification Policy
This policy explains how and when CashXChain UG (haftungsbeschränkt) (“CashXChain”) notifies its customers and the authorities about service outages, security incidents and personal data breaches.
1. Scope
This policy covers unplanned service outages, security incidents, and personal data breaches affecting the CashXChain platform.
2. Personal data breaches
Where we act as controller and a breach is likely to result in a risk to individuals, we notify the competent supervisory authority (the Bayerisches Landesamt für Datenschutzaufsicht ) without undue delay and, where feasible, within 72 hours of becoming aware of it, in line with Article 33 GDPR . Where a breach is likely to result in a high risk to individuals, we notify the affected individuals without undue delay, in line with Article 34 GDPR . Where we act as processor for a business customer, we notify that customer without undue delay so it can meet its own obligations.
3. Service outages
We inform affected customers of significant unplanned outages, with the impact and the expected time to resolution, and we confirm when service is restored.
4. Security incidents
We investigate, contain and remediate security incidents, and we notify affected customers and authorities where the law or a contract requires it.
5. What our notifications contain
Where applicable, a notification describes the nature of the incident, its likely consequences, the measures taken or proposed, and a contact point for more information.
6. How we notify
We notify the account contact by email and, for wide-reaching incidents, publish updates on our status page.
7. Notifying processors and partners
Where an incident affects data a processor or a partner handles for us, or data they entrusted to us, we notify that processor or partner as well as you. We do this without undue delay and, where their agreement with us sets a shorter deadline, within that deadline. For end-user data held through the Coinbase Developer Platform, the Coinbase Developer Platform Terms of Service require prompt notification to Coinbase of any security incident affecting that data.
8. Contact
Report a suspected incident to security@cashxchain.com; data-protection questions can be sent to privacy@cashxchain.com.