Below is the privacy policy of SUM Korea.

A. Information to be Collected

In order to allow you to join the website, receive consulting services, and apply for services, SUM Korea collects information as below.

• ◈ The Company collects name, resident registration number, ID, password, security question and answer, e-mail address, street address, contact number, cell-phone number, and occupation. The Company may collect information in the course of the user’s use of the service provided by the Company or during any of the work processes listed below.
• ◈ User browser type and OS, search words, IP Address, history, delinquent account record, service record, access log, cookie, access IP information, payment record, suspension record

B. Collection and Use of Personal Information

SUM Korea uses the collected information of users for the following purposes.

◈ Billing of contract fulfillment regarding service provision

Content provision, shipping of supplies and billing, identity verification for financial transaction and financial services, purchase and payment, collection of payment

◈ User management

Identity verification regarding membership service and limited identity verification, personal identification, prevention of delinquent member’s unlawful activity and unauthorized use, limitation on joining the service and maximum number of members, legal representative’s agreement to the collection of personal information from anyone under 13 years of age, subsequent identity verification of legal representative, record retention for grievance mediation, complaint process, forward notices

◈ Utilization of Marketing and Advertisement

Development of new service (product) and provision of service, provision of service and advertisements based on statistics, confirmation of service validity, statistics regarding members’ use of service, relaying promotion information such as events

C. Period for retention and use of personal information

In principle, the Company deletes personal information of users without delay when the purpose of its collection and use has been achieved. However, if it is required to retain the information by relevant laws and regulations, the Company will retain member information for certain periods as designated by these relevant laws and regulations.

<Information retention regarding internal policy>

◈ user ID

• - Reason : to prevent confusion in using the services
• - Period of retention: 1 year

<Retention of information by relevant laws and regulations>

SUM Korea will retain member information for certain periods as designated by relevant laws and regulations such as the Commercial Act and Act on Consumer Protection in Electronic Commerce, etc. The information to be retained as required by relevant laws and regulations is as follows.

◈ Record regarding contract or withdrawal of subscription

• - Reason: Act on Consumer Protection in Electronic Commerce, etc.
• - Period of Retention: 5 years

◈ Record of payment and supply of goods

• - Reason: Act on The Consumer Protection in Electronic Commerce, Etc
• - Period of Retention: 5 years

◈ Record of consumer complaint or dispute treatment

• - Reason: Act on Consumer Protection in Electronic Commerce, etc.
• - Period of Retention: 3 years

◈ Record of identity verification

• - Reason: Act on Promotion of Information and Communications Network Utilization and Information Protection, etc.
• - Period of Retention: 6 months