Formula Bot's Stances on Security, Privacy, and Compliance

Q: What are Formula Bot’s stances on security?
A: Formula Bot adheres to industry-leading practices to ensure data security. We collaborate with some of the world's largest companies and can work closely with your security team to meet any specific requirements.

Q: What is Formula Bot’s stance on privacy?
A: We are committed to providing a platform and tools without selling user data. We share data only with necessary business partners to enhance product functionality, including AI providers and data storage providers.

Q: How does Formula Bot comply with regulations?
A: Formula Bot strives to comply with all applicable regulations, including U.S. laws for technology providers and the General Data Protection Regulation (GDPR).

Data Management and Storage

Q: Where is the data stored?
A: All data is stored and encrypted in Amazon Web Services (AWS), which meets 143 security standards and certifications. Data is safeguarded in transit with TLS and at rest through RDS AES-256 encryption.

User Data Privacy

Q: How does Formula Bot handle user data privacy?
A: We prioritize user privacy with the following approaches:

• Data Minimization: Only necessary data is collected.

• No Data Sharing: User data is not shared with third parties beyond necessary partners.

• User Control: Users can access and delete their data within Formula Bot.

Q: What happens to my data if I stop using Formula Bot?
A: Deleting your account results in the permanent removal of all associated data, including files and messages. We can also confirm data deletion upon request if you choose not to delete your account.

Q: What types of data does Formula Bot collect?
A: We collect necessary data such as user inputs/messages, AI outputs, uploaded files, customization settings, and geographical location for pricing parity.

Integration with Third-Party Services

Q: Does Formula Bot integrate with third-party services, and how are these connections secured?
A: Formula Bot integrates with select third-party services to enhance functionality, securing all connections with OAuth and HTTPS.

AI Model Training

Q: Is my data used to train AI models?
A: No, data sent to our AI partners is not used to train their models. We ensure that all data used in AI interactions is handled with strict confidentiality and is only used to provide the services requested by our users, without contributing to the AI training datasets.